I was always sure that redacted name is Zach Heckler.
From what i understand, Zach and Eric had problems at the time. After they hacked school computers (I always suspected it was Zach's initiative, because he was the only one who actually used it to put death-threatening note into Devon's exboyfriend's locker, and Dylan and Eric helped) . Also there is some sort of continuation of this story with Eric and Nate sending threats to Devon because of Dylan. I am sure that Eric was angry at Zach for involving them in this story, because it cost him work in the computer class and good relationship with Rich Long, who liked him a lot and even had talks to local computer company to help with Eric's internship (according to Kass).
Also apparently Zach's parents told him to stop communicating with Eric because of pipe bombs.
So i think conflict between Eric and Zach was brewing for some time, and i think it's possible that Dylan heard ftom Zach and Devon and possibly other people, and from his parents, that he should drop Eric as a friend, but he made a choice not to.
I really like your version, but i simply don't know who this potential friend might have been.