Great! Thanks for the news!
I bet "Something strong" (the B-side to the "Precious love" single) will be one of the bonus tracks (or well, I sure hope so anyways).
I remember him saying in his Penguin Q & A that he had on average 1 or 2 out takes per album so that should be cool. Here's hoping his other albums are re-released on CD with those "extra on average" tracks too.
John