Well Leenia, I certainly never looked at the song that way. I always saw it as story of a betrayed lover, regretting that he'd ever met the lady in the first place.
The line 'You just kinda wasted my precious time' epitomised for me, the way I felt after one particularly sad end to a love affair. I felt so distraught and disappointed at the time, that I cursed the fact that we'd ever met.
Can still remember now, exactly how I felt, and it was about 40 years ago.
I'm sure I'm not the first one to empathise with Dylan's sentiments in the song.