Hi Verlon,
I'm not familiar with the song either but can offer my two cents on your lyrics:
I love how the questions keep coming throughout (with no answers - but each one brings a historical fact that helps the listener stay interested)
I enjoyed how the writer changes focus, first on his own feelings, then on her, then finally on his environment (heaven, hell, ocean) good stuff.
The only suggestion for improvement would be at the last verse. I found it difficult to join the lines into a sentence that made sense. Perhaps it could read something like:
Cast away over water, I've set sail God knows where
Since the day I first saw her as she moved through the faire.
Since the day I first saw her as she moved through the faire.
..although it changes your meaning somewhat.
Nice job
Paul