My main interest in this song is that it seems to be one of those whose wide dissemination in America depended largely on broadsheet and songster publication. There is not much variation in 'story line' of the versions collected.
I believe that many of the ballads collected here were spread by printed media rather than through primary verbal transmission by immigrants from 'the old country.'

Whether Rinordine (or alt. spp.) was an outlaw, a minor noble or just a charismatic young blade is not clear to me, at least from the versions I have seen so far- and interpretation is up to the individual singer -interpreter.

Possible connections with the Robin Hood or continental European outlaw stories are interesting as speculation, but "Where's the beef?"