This is one Christmas song I won’t resent hearing. As a kid, I absolutely loved it. I would sing it shamelessly, at the top of my lungs, even though I can’t sing very well.
The video reminds me a lot of the video to the song Jonathan David by Belle & Sebastian. Since B&S have a song about Dylan, and to me they seem to be totally kindred spirits, it wouldn’t surprise me if Dylan had actually seen their video.