Dick, where in the interview is Lloyd dismissing any of Dylan's material? He mentions him only once, in the extract I've already quoted, as an example of the type of performer who came to be labelled "folk singers" despite the fact that their repertoire was not "folk song" in the original sense of the term. That's not dismissing Dylan's material, simply saying that it should be put in a different category - not on grounds of quality, but of provenance.

I really don't want to open up yet another "what is folk?" thread, because there are far too many already and none of them seem able to reach a conclusion. Lloyd's opinion (which I happen to share) is that there is a difference between traditional songs and newly composed songs, and that the extension of the term "folk songs" to include both is confusing. I recognise that you take a different view.