There are a ton of great performances in TLW. The Staples, Van Morriosn, Paul Butterfield, Muddy Waters, Eric Clapton, Dylan, Ronnie Hawkins are all superb. The camera work is excellent.
BTW, Levon & the rest of the boys lived in Woodstock in the late 60's, early 70's. That's where Big Pink & the Basement Tapes were recorded. Many members of the group liked the environment in Woodstock so it's not surprising that Levon still goes back there.
There are a couple of worthwhile books on The Band - Levon's is This Wheel's On Fire & Barney Hoskyn's wrote Across The Great Divide.