The Standard Edition is really the MAIN album. This will initially be the only version available on iTunes®, Amazon® etc. upon official release. It is more "song-oriented" and concise than the Deluxe Edition. Keep in mind that at over 70 minutes it is still almost twice the length of most rock albums and it would be a double record if/when it's put on vinyl. But, overall, it is more like other "song-oriented" Progressive Rock/Classic Rock albums you're probably used to in terms of the density of its listening experience.
The Deluxe Edition, instead of being just the Standard album plus added bonus tracks, is actually more of an elaborate version of the album. It includes the addition of film score-like ambient atmospheres, extended or alternate versions of the songs from the Standard Edition (in some but not all cases), segues and additional songs that fit into the flow of the story. At 140 minutes you can think of it more like an "audio movie". For example, some songs don't fade out as quickly so you get to hear more wild drumming from Nick D'Virgilio. Additional Proggy instrumental sections featuring Keith Emerson and Francis Dunnery are also included. Simply put, if you want MORE, then this is exactly that! But, just keep in mind that the Standard Edition has a different running order, the mixes are not the same as the Deluxe and it's what most people will be referring to when they talk about "New World" as an album when it's out.
NEW REWARD ADDED: THE UNSIGNED CD BUNDLE (Both Standard and Deluxe CDs)
I've had requests for just a simple Unsigned CD Bundle of the Standard and Deluxe Editions (the physical disc version of the digital download bundle reward). So, this has now been added to the rewards for $55 which is less than if you were able to get them individually*. If you want a signed bundle along with an extra exclusive booklet, laminated pass and more there is the $75. reward available for that. If you want the bundle plus a fourth disc exclusive to this campaign that has alternate mixes, acoustic versions and more check the rewards for the various box set combinations. All rewards also come with the associated download version too. Thanks! - Squids