No one deserves it if not Dylan. He is without doubt the greatest songwriter the USA has ever produced. His ear for the American language unsurpassed. He has remained true to his art and his recordings have the premier musicians in the field of pop, rock, country and western music.
Meanwhile, the typical Nobel for literature is some Commie craphead that no one reads. Exception the Egyptian guy Mafouz that the lunatics want to kill.
I’m not sure he is the greatest songwriter America has produced but I agree with your observation: “His ear for the American language unsurpassed.”
This really is his strength, or one of them.