According to the Collectables website, the upcoming reissue of Magic Lady is actually a 2-fer and includes the 1975 debut on Elektra. Here's the URL:
http://www.oldies.com/product/view.cfm/id/76702.html
This would make sense, since most of Collectables' releases tend to combine 2 (and sometimes 3) LPs on one or two CDs. They've been doing some really great Percy Faith reissues (don't laugh--Percy did some killer latin arrangements throughout his entire career) for years, and although they have made occasional production errors in that series, they have been very responsive and offered free replacements.
http://www.oldies.com/product/view.cfm/id/76702.html
This would make sense, since most of Collectables' releases tend to combine 2 (and sometimes 3) LPs on one or two CDs. They've been doing some really great Percy Faith reissues (don't laugh--Percy did some killer latin arrangements throughout his entire career) for years, and although they have made occasional production errors in that series, they have been very responsive and offered free replacements.