That would appear to be logical. Although the way I’ve heard it described, the additional tracks to the original Red and Blue (including Now and Then) are going to be on a separate vinyl record. So it’s more like a bonus disc.
I think it would have been worth having the remixed Real Love and Free as a Bird in there. They redid them as part of the One video clip disc release a few years ago and I thought they sounded a lot better than the original releases, John’s voice sat much better in the mixes for one. (Although they inexplicably used different guitar licks on Real Love that I don’t think were as good). It would seem to be the opportunity to release the better mixes. Unless they’re planning a re release of anthology or something.