I don’t hate this. Somehow the way Dylan growl-speak-sings matched up against a full “orchestra” (or whatever you’d call this) and back-up chorus is at least an intriguing effect. Since I’ve never cared for his hooks, because he doesn’t really have many, this approach tries to insert a few, using any instrument the band found backstage. Which is, apparently, all of them. Somehow that sort of creates a Steely Dan effect in spots. Note I said “Sort of.” And “in spots.”
I can imagine purists will be appalled by this approach and by most accounts, here on this thread and at the time of of its release, they are/were. As I’m free of actually liking Dylan a lot, maybe I can be a bit more objective. Not many of his classic songs are improved by the treatment he provides here, though I liked this version of “Maggie’s Farm.” But I don’t think they are ruined either, other than “Mister Tambourine Man”, though it’s the Byrds’ version that’s ruined (and as others have pointed out is much better than the original). They’re just different — “Rolling Stone”, “Blowin’ In The Wind”, “Heaven’s Door” all still carry enough Dylan that they sound like Dylan. I will say I would have quite often preferred more guitar solos where the sax was (“I Shall Be Released” being a prime example).
I suppose were this one’s first encounter with Dylan’s music one might like or hate it. I’m glad we have the originals but they’re so engrained in our consciousness that listening to classics played this way doesn’t compute and sounds skewed or jarring. But that’s often the trouble with live records anyhow. I give the man points for trying something new and including a lot of his greats on here. It’s between a 5 and a 6. I’ll give it a pity 6 since I suspect the purists will moan the score down :).