Wow, this was a really long time ago.
Voronwë's quote is concerned with Shakespeare's life. As far as the works go, Tolkien, though he may have disliked
Macbeth, did recognize Shakespeare's abilities as a playwright:
Quote:
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To be dissolved, or to be degraded, is the likely fate of Fantasy when a dramatist tries to use it, even such a dramatist as Shakespeare.
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"On Fairy-Stories," emphasis mine.
He goes on to talk about this inadequacy of drama, but that is not of course the fault of Shakespeare.
--Belin Ibaimendi