Okay, I'd already figured a lot of it out myself, although I never even thought about Dylan being The Jester, but this fills in some gaps quite nicely. If you don't mind using up almost 9 minutes of your life, I think this is a pretty good interpretation.
http://www.youtube.com/watch?v=Ycgegp0KdE4
http://www.youtube.com/watch?v=Ycgegp0KdE4