I can't speak for the TCOJ variations, but imo the RVG is definitely preferable over the McMaster for having all the music in one place, plus a few extra stage announcements from Sonny. The sonics are good, though it is a kind of rough recording which is what I like about it in the first place.
I think the Penguin Guide says it best:
"The live material, originally cherrypicked for a single peerless LP, has now been stretched across two CDs, and in its latest incarnation the in-person feel is heightened by the addition of some more of Sonny's announcements. In the past we felt that the abundance of this material slightly checked the power-packed feel of the original LP, but in the new RVG edition the sound is extraordinarily deep and immediate, and the sheer impact of Rollins in top form is overwhelming -- hence our upgrading to crown status, since this is a model example of a classic record given its proper treatment."