“Men In Love”, I’d edited, is no great literary work (4,5)
I believe the answer is:
dime novel
'literary work' is the definition.
(dime novel is a kind of literary work)
'men in love i'd edited' is the wordplay.
'in' is an insertion indicator.
'edited' is an anagram indicator.
'love'+'id'='loveid'
'loveid' is an anagram of 'diovel'.
'men' placed inside 'diovel' is 'DIME NOVEL'.
'is no great' is the link.
This may not be right. Some or all of it may be part of another bit of the clue.
Can you help me to learn more?
(Other definitions for dime novel that I've seen before include "American romance, say" , "melodramatic story" , "Cheap literature" .)