This is a good question and @McCool will I am sure be far better placed to answer than I am. The only thing I would note is that by this time, IIRC, we were in full blown CD mode in terms of major format, with vinyl in retreat. This is why so few were pressed on vinyl and why the original is so rare, I guess. CDs had changed the game to the extent that albums were often significantly longer than +/- 40 minutes, and my sense is that it is not beyond the bounds of possibility that Tom and Rick may have discussed releasing a longer version as primarily CD, with the CDs running 50 minutes each. It would have been ambitious. And we know the record label baulked. But given the strength of the material, it would artistically have seemed credible at the time, I believe.