Paul Francis Webster (who’s best known for big movie ballads like “Love Is A Many-Splendored Thing” and the Spider-Man theme song) put a lyric to it:
Like wow! — as the lyric, in fact, goes on to observe:
We spin records on cloud number seven
And she’s reaching me
What I always liked about the song is the way it walks such a fine line between cool and ridiculous. You’ve got to be very sure-footed to get away with a line like, “Now we’re ridin’ a rainbow to Cloudsville.” My favorite version is by Buddy Greco, who manages to give you the impression he doesn’t just sing the song, he lives it. Can’t seem to find that on YouTube, but here’s Ella doing it.