OK - Apparently this album was already included in the expensive "Living In The Material World" DVD & CD box set. However, because I haven't got that, this CD was new to me and I have really enjoyed it. What I'd read before on Beatles forums etc. was that this was some kind of unofficial release/bootleg, but it's not - it's an official Harrison product - it's got Olivia Harrison as executive producer and the compilation was produced by Giles Martin. You can't get more official than that.
Regardless of whether this should have been released in this form, I think what is important here is the content of the CD - the music. Being a fan of George, especially his "All Things Must Pass" period, this album really appeals to me and it's wonderful to hear early demos and alternative takes of George songs which haven't been polished and slickly produced. I particularly enjoyed George's version of the classic "Let It Be Me", a beautiful "I'd Have You Any Time", a fragile, honest "All Things Must Pass" and - on the whole - the raw, stripped down feel of the whole album. I've read some very negative reviews, but they've focused mainly on the fact that it was available with the box set before (and those people making negative noises are probably peeved that they haven't got an exclusive any more) and the fact that it's only 30 minutes long. Well, I'd have preferred this CD to be longer too, hence four stars instead of five, but I'd rather focus on what IS on the album rather than what isn't.
Hopefully, seeing as this album is entitled "Volume 1", we're going to get a series of albums and this is the start of an "Anthology" type collection of George's demos and rare tracks throughout his solo career. Fingers crossed. As for this particular release - frankly, if you're a serious Beatles and/or George Harrison fan, you really do need to own this album. Mainly because it's simply lovely.