This may be Dylan's best album ever. It might also be his most unnecessary. He recorded these songs. Sent out promos. Then he changed his mind.
Was it right to dump this version and re-record it? Absolutely.
In the early ’70s, this album would have had its fans. It would have sold. But it would have disappeared into the back catalogue. Too much more of the same.
The second go at the songs that become the Blood on the Tracks album are a force of nature that captured the zeitgeist. They buried the copyists and pretenders. That album was a lion amongst cattle. It turned Dylan's career around.