Poor ol' Pete. He's been re-telling that story for twenty years now and no-one (wants) to believe him. It's like the "Babe" calling his shot.
Funny thing about Dylan's "betrayal". A great deal of that was instigated by Irwin Silber in "Sing Out". I think most of the folk fans could have cared less.
One of my students asked me two weeks ago if I could recommend 5 albums that I thought were really important to help her "get into this folky thing". I suggested "Flatt and Scruggs at Carnegie Hall", "Horton Barker"(recorded by our own Sandy),"Leroy Carr and Scrapper Blackwell, (Blues Before Sunrise"), Ewan MacColl (Jacobite Songs), and God help me, with so many other wonderful albums to choose from.."Bob Dylan"(the first one). I listen to it every so often and for sheer unvarnished talent and excitement, it's still a milestone. The guitar playing (which plummetted after this one) is superb!
Five albums of course aren't enough. Twenty, would be more representative.