Album: Sheep Dogs - Learn & Burn
These guys are straight outta the early 70's.  Sprinks nailed it, saying they could have provided the soundtrack to Dazed and Confused.  There are also a few tracks that sound influenced by the Let it Be era Beatles.  
I've embedded their myspace page.  Check out the guitar solo at 2:15 or so of the title track.
Song: B. Dylan - Ballad of a Thin Man.  From Highway 61.  
Some of my favorite word play of his in the second verse (1:20).
 
 
Also, original Dylan is basically impossible to find on youtube
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