If you are a fan of the Kinks and wondering whether it is worth to spend your money on these reissues or not, then I can tell you that it IS worth it - even if you already own the old CDs. This release is so much better sounding than previous releases, even if it is in mono (no stereo version exists). The remastering job is excellent. I don't care so much about the bonus tracks, although they are great, too, as well as the booklet. But the main reason for me is the full sound. Finally this issue is not disturbing anymore and you can rediscover the albums with their great Davies-compositions!
By this album you could really experience his songwriting skills, which would develop further on the successor 'Face To Face'. There are many good songs and hidden gems on this record, e.g. 'Where Have All The Good Times Gone', 'The World Keeps Going Round', 'Ring The Bells' or 'I Am On An Island'. This IS great stuff and its quality easily compares with Beatles and Stones.