I think he deserves it. Congratulations
I actually think it's hilarious that so many people have said they don't consider Bob's songs to be literature. Can't conceive a song as being a poem set to music?? I can't think of anyone who is more of an archetypal 'bard' than Bob. It's his essence. The storyteller, the poet, the bard is a figure that has existed since before Shakespeare, Bob is the 20th century incarnation.
Food for thought:
Shakespeare = 36 plays (I believe one or two may have been lost and one known unattributed play may be his).
Bob Dylan = 36 studio albums.
I would like to say that I have pointed out the above just to annoy the Bob Dylan haters
But don't be surprised if Bob is studied in schools and colleges in 100 years time y'all
Just learned that he refused to join a White House party with Barack Obama and other US (or British) Nobel Prize Laureates yesterday. And he won't come to the ceremony in Stockholm with the king of Sweden. Shame on you Bob, I am a big fan of your music, but I think the Nobel Prize deserves better than such an insulting kiss my ass behavior.
I wouldn't get hung up about that zupfgeiger, Bob has always been his own man. Pleasantly complicated, thorny, unpredicable and trucculent. Personally, I'd be disappointed if he did participate in some meaningless ceremony, I would regard it as kissing ass on his part if he actually did go!