IMHO...
Encore does appear to be more live. But based on the multiple other shows available from that 77 tour it also seems like they'd seriously cut down on improv by that point. There are bits from Oedipus, also bits from some of Froese's solo album...it is possible that they were already starting to lean on backing tracks by that point. (Edit: just re-read the Hades book...nope, except for Monolight which was mostly live the rest of Encore is also non-live. So, good call on Monolight, sir ).
Thanks to the box, we now have two pretty darn clean live recordings from around the time Ricochet happened, recorded by Virgin Mobile themselves. Maybe Virgin didn't think they were strong enough to release. Maybe Froese had some "better idea" in mind. Whatever the reason, it was probably a good commercial decision...while the actual live shows are a treat I doubt they'd be held in the same high regard as Ricochet.
Froese seems to have a very "fluid" idea of history. On one hand, it's really hard to read many of his recollections without a serious skeptical eye (to be clear, I've not read his book, so this is based on his past statements, liner notes, etc.). On the other hand...I suppose it added an air of mystery around the band for many years.
I didn't get to finally see TD live until 1992 but to my then-young ears it was a thrill. But when 220 Volt landed a year later it was a total "WTF!?" moment...like, did I remember the concert incorrectly? It wasn't just that the earlier songs were all left off...the opening track wasn't and indeed it wasn't even the live version...they'd just put the CD single (and studio recording) of Oriental Haze over some cursory audience applause. It was just weird and awkwardly obvious and felt like some sort of "Emperor's New Clothes" moment. And it got nominated for a Grammy.
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