I agree with Edgy that, along with Stop Making Sense, this is the greatest music concert film. I saw The Band the year before The Last Waltz (where they opened for Crosby, Stills, Nash & Young). I was living in the Bay Area and knew about the upcoming Last Waltz and would've liked to go but I was in high school and it was Thanksgiving so I couldn't. One of my friends did go, however, and stayed for the whole shebang til 4am or thereabouts, Also, I read Robbie Robertson's memoir, Testimony earlier this year. It's pretty great for what it is and has much on The Last Waltz.