These are what we call the 'YMMV items.' Things that some people find in this work. We call them 'your mileage might vary' because not everyone sees these things in the same way. This starts discussions in the trope lists, a thing we don't want. Please use the discussion page if you'd like to discuss any of these items.
Award Snub: Not even a nomination for The Last Waltz for the Best Documentary Oscar in 1978? How about "Evangeline" getting nominated for Best Original Song? Also no?
Covered Up: People are often surprised to learn that Joan Baez didn't originate "The Night They Drove Old Dixie Down".
Face of the Band: Clearly averted initially, with two principal songwriters and three different lead singers. Robertson's attempt to become this later on led to a great deal of ill will.
Genius Bonus: In a nod to their Canadian background, "Ferdinand the Imposter" has to be the only rock song ever to make a reference to the Doukhobors.
Harsher in Hindsight: Robertson's musings in The Last Waltz about touring being "a goddamn impossible way of life" take on more meaning after Manuel's suicide during a tour.
Manuel's song "The Shape I'm In", with its lyrics about a man contemplating suicide, is another example.
Mainstream Obscurity: They were hugely influential and have a small-but-enthusiastic fanbase, but "The Weight" is their only widely-known song.
Mondegreen: Joan Baez never saw a copy of the lyrics to "The Night They Drove Old Dixie Down" before she made her excellent cover version. "Stoneman's cavalry" became "so much cavalry", "I will work the land" became "I'm a working man", etc. Did not prevent her version from becoming a top ten hit.
Not to mention, in the same song, the discrepancy between "there goes Robert E. Lee" (the Confederate general) and "there goes the Robert E. Lee" (a steamboat). Though, to be fair, Levon Helm himself often sang it the latter way in the Band's live concerts.
Narm: "The Moon Struck One" is musically one of Robertson's most beautiful songs. Lyrically, it's a would-be Tear Jerker done in by some clumsy phrasing ("stung by a snake"?) and Painful Rhymes (sweetheart/cohort, Durango/triangle).