Nah, it was supposed to be 2 at first, Clancy even tweeted it. Then they said they were going to shoot for 3 discs but I guess that was never confirmed really. But it's just weird that it went down to 1 disc after it being "2 for sure, maybe 3" but they did give away those 7 songs so they probably just chopped it down to the strongest songs for 1 disc which is probably the best route anyways.
I liked the Frank song for what it is. He can spit but it sounds like he recorded it for the fuck of it on the road or something.
There have been a few old leaks and demo stuff on OFT. I haven't really kept up with them because you can tell they were half finished songs/ideas, demos, alt versions, etc. This one sounds like it could be interesting though.