Not necessarily; they might see him through Sergio Leone's eyes. The music which you hear as you watch Tuco running around in circles in the cemetary until his vision melds into a sort of a golden circle is nothing more or less than a slight transmogrification of Richard Wagner's ring theme. Morricone called it "The Ecstasy of Gold".
Richard Wagner is not going to be killed off by Tolkein. There's a hell of a lot more to Wagner than just the ring cycle. My own choice of Wagner's operas would still be the ghost story, Flying dutchman.
Tuco as a Wagnerian? Now there is something that NEVER occurred to me until now.