I like the Decca collection better for new comers for another reason.
The selected recordings there are even stronger than other boxes in terms of interpretation.
Living Stereo or MLP as a project from one brand in a decade, rely on a relatively narrow list of performers.
For example, I cannot say that I am a big fan of Reiner's rendition besides Beethoven..
Decca's selection include more highly regarded performances even when you look back from now.
Ansermet, Argenta, and Larrocha on Spanish music.
Ashkenazy on Russian piano music
Dutoit on Ravel
Haitink's old Shostakovich recordings.
Kertesz's Dvorak
Lupu's Beethoven piano sonatas
Maag's Mendelssohn
Mackerras' Janacek
Solti's Ring and Mahler no.8
Roge's Saint-Saens piano concertos.
Schiff's Bach
Takacs Quartet's Beethoven
Vienna Octet
Cannot really comments on vocal works though..
I like the fact that this collection is put together from a wide range of music rather than from audiophile showcases.
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the strength of the Living Stereo collection (its musical coherency), is what would make me hesitate recommending it as an introduction to classical music. My point is that the Living Stereo recording provides a snapshot on how classical music was performed in the mid 50s. If you walk into a concert hall today, what you hear (for better or for worse) is very different.
The Decca box, while firmly anchored in the 50s and 60s, also offers you glimpses of how performance has evolved since the "golden age" e.g.
CD 11 - Riccardo Chailly - Messiaen
CD 18 - Nelson Freire - Brahms Piano Concerto No 1 & Schumann Carnaval
CD 20 - Christopher Hogwood - Purcell Dido & Aeneas
CD 21 - Janine Jansen - Beethoven & Britten Violin Concertos (believe me, this is better than it looks on paper...)
CD 31 - Charles Mackerras - Janácek
CD 32 - Neville Marriner - Tchaikovsky & Grieg
CD 41 - Pascal Rogé - Saint-Saëns Piano Concertos
CD 42 - Christophe Rousset - Pergolesi Stabat Mater
CD 43 - András Schiff - Bach Goldberg Variations
CD 47 - Takács Quartet - Beethoven Late String Quartets