I don't like the sound of it, but it is easier to say in conversation. Revised would have worked just as well but maybe they wanted to stay away from the M:tg terminology?
Or Wizards of the Coast's Dungeon & Dragon Role Playing Game Rules revised version of third edition, featuring the d20 System, based on original work by E. Gargy Gygax and Dave Arneson ?
A buddy of mine who is a die-hard 2E fan (and who *really* only converted to 2E for the proficiencies rules) calls it "warmed-over leftover casserole," where 3E was "leftover casserole."
A bit longer in the typing, but just to put a button on this topic.