Personally, I still see it as more of a ploy to get the stupid fans to buy the next installment to see what the "truth" is because the Compilation basically smurfs up all the canon in the story for the sake of money. But I guess that's just my perspective

The scene with Sephiroth is one of the few I don't really mind cause personally, I hated the Cloud's version. Its the other elements of the canon change that bug the hell out of me; like changing the order of historical events and adding lousy characters into some of the most important parts of the series mythos for no damn reason except to say he was there...