The music is more important to me, in general. But this is always hard for me to explain. When it comes to songs in English, I don’t care too much about the lyrics unless they are outright annoying or stupid. But for the most part, I don’t care. I’m a classical music fan originally and ultimately, so naturally the music is more important to me than the lyrics since most classical music has no lyrics.
Now, when it comes to music in a foreign language, then the lyrics become more important. Not because I care about the meaning, but because I care about the sound. When I listen to foreign music, I listen to hear the sound of the language itself, not the tune or the meaning of the lyrics.