How does the lady of shalott is treated in the poem by tennyson as a commodity or as a work of art?

For me Lady of Shallot, by Tennyson, on my reading it recently , is indeed a work of art, in that it draws upon the senses, and excites them with picturesque imagery and an evocative feel. One could definitely paint the poem, sing it, because of its rhythm and rhyme, and be carried away to a distant past, and enchanted past, with the narrative.