Found this on Rough Trade's website (available to pre-order on Amazon etc now) release date 29th April. It's another of those delightful 3 x card sleeeved CD sets in a glossy clamshell box by RPM / Cherry Red.

PM

Another Splash of Colour - New Psychedelia in Britain 1980 - 1985


'Another Splash of Colour' is the first compilation to document the Psychedelic Revival which hit the British music scene in the first half of the Eighties. This 3-CD set expands upon an original Various LP, 'A Splash Of Colour', issued by WEA at the start of 1982 and including many of the Nu Psych scene's major players: Mood Six, High Tide, Miles Over Matter, The Barracudas and The Times. All the musical tracks from this landmark album now appear on CD for the very first time! 'Another Splash of Colour' transforms the LP into a 64-track compendium spanning the years 1980- 1985, from the roots of the psychedelic revival in post-punk and the mod revival through to the much- publicised London scene based around club nights like the Groovy Cellar and onto its second revival of sorts in 1984/85 with the early releases on Creation Records and the popularity of the Alice In Wonderland club. All the key artists are included, from Nick Nicely to the Liverpool contingent (Icicle Works, Julian Cope) to The Soft Boys and solo (Robyn Hitchcock, Kimberley Rew), the Whaam! camp (TV Personalities, The Times, Direct Hits, Marble Staircase, Le Mat), early Creation Records tunes (the Revolving Paint Dream, the Jasmine Minks, Biff Bang Pow!) and the Psych scene's eventual chart-toppers Doctor & The Medics (with a previously unreleased track!). Many of the Mod Revival bands who evolved into Psychedelia are represented: Purple Hearts, Squire, The Jetset, The Heartbeats, The Onlookers and The Vandells. ASOC even boasts a bona fide hit single in Scarlet Party's Byrdsy favourite '101 Dam-Nations'. Punk / new wave artists also turned their hand to making Psych records: The UK Subs' Charlie Harper, The Damned under the guise of Naz Nomad and The Nightmares (and Captain Sensible solo), Elvis Costello's backing band The Attractions. The deluxe clamshell package includes a weighty booklet with a 9,000-word sleeve-note by ex-NME journalist and author Neil Taylor. As well as boasting many rarities new to CD (The Third Eye, Firmament & The Elements, Pink Umbrellas, Magic Mushroom Band, etc.), some tracks are previously unissued.

This looks like a nice set - thanks for bringing it to our attention Paul!
Many of the tracks I'll already have no doubt, but having them and more collected with a nice fat booklet in a clam shell box for £15.51... as the kids say, it's a no brainer.

Agree that this sounds interesting. Would like to se some reviews/opinions if someone gets a copy.

I remember getting the original comp back in the day and not being too impressed. Only High Tide's Dancing In My Mind stuck out. But some of the other artists featured on this expanded edition sound interesting.