If only it was that simple (i.e. Green = Original, White/Blue = Re-recorded version)! :D
From TLV's discog:
"[Fernando] "In A Lonely Place was not recorded again... though some articles claim that the mix was done a little better (in the bass region). The version [of Ceremony] on Substance is the re-recorded (with Gillian). The thing is that the blue stripe cover went through different girations, and three versions exist. First, it was the re-recorded version, and Ceremony's grooves take the whole side. It was withdrawn, and then re-released with the original 3-piece version. Eventually, that was stopped, and the re-recorded version was used again. This time, the grooves span less space. The matrix number also has different values, with A1 and A2 (between the two re-recorded versions). There are also versions of the green cover with the re-recorded version. The only way to tell without playing the record, is to look at the run-off groove notations, as different lyrics are quoted."
Q: Can you clarify this a little bit more?
A: [T.Ivarsson] "In a simplified way, the green sleeve is the original version, and the cream/blue sleeve is the re-recorded one. However, one needs to look at the groove notation to be certain.
The green sleeve comes in two flavors:
G1: Original recording, groove notation: "Watching..", matrix# FAC33A1
G2: Re-recorded, groove notation: "This..", matrix# FAC33A1 (possibly)
The reason for G2 was that there were too many green sleeves left over once they re-recorded the version (recycling is good). I'm pretty sure that G2 contains is the FAC33A1 and not the FAC33A2 - though some may exists.
The cream/blue sleeve comes in three flavors:
CB1: Re-recorded, groove notation: "This..", matrix# FAC33A1, the track fills the side
CB2: Original recording, groove notation: "Watching..", matrix# FAC33A1
CB3: Re-recorded, groove notation: "This..", matrix# FAC33A2, the track is smaller
Why CB1 was withdrawn and replaced with CB2 beats me. So, the trick is really to check the groove notation to see what version you have."
Groove notation:
7"
[A]: "Watching forever"
: "How I wish you were here with me now"
12" Green sleeve
[A]: "Watching love grow forever"
: "How I wish we were here with you now"
12" Cream/blue sleeve
[A]: "This is why events unnerve me"
: "How I wish we were here with you now""