I prefer the Red and Blue albums because you can't tell the whole Beatles history only with #1 singles. "Norwegian Wood", "Nowhere Man", "Michelle", "In My Life", "Strawberry Fields Forever", "Lucy In The Sky With Diamonds", "I Am The Walrus", "Revolution", "While My Guitar Gently Weeps", "Here Comes The Sun", all these songs are very essential. But the Red and Blue albums were better as vinyl records, I think they should have tried something different with CDs; maybe two disks with 40 songs instead of 4 disks with 54 songs.
About "1", I think it would have been much better with "Please Please Me" and "Strawberry Fields Forever" instead of "Eight Days A Week" and "The Long And Winding Road", and more interesting if they had used the original mono mixes. The title of the record could have simply been "The Beatles Singles" (plus "Yesterday").