
The general public first heard "Too Much of Nothing" when Peter, Paul and Mary's 1967 cover of the song became a pop hit. Dylan recorded the song with the Band that same year, but his version wasn't heard until the 1975 release of "The Basement Tapes." This fingerpicking, key-of-E arrangement resembles Peter, Paul and Mary's rendition, with it's "New Orleans second-line" feel. It's mostly first-position, bluesy E, A7 and B7 chords, except for one up-the-neck E7 lick and the 1st and 3rd string figure in the chorus. The alternating thumb/bass pattern is slightly altered to create the half time feel.