I still think it is fair to interpret the whole thing a bit differently, namely that Monk was feghing with Miles BIGTIME, listen to the solo on Bag's Groove, where Monk revels in two notes for a small eternity, like saying "you want cool? you want barren solos? here's a barren solo. suck on that mister and don't you come whining when the shit hits hard."
Monk did some darn tricky stuff on that Man I Love (take 1) solo that was issued and tried do outdo HIMSELF on the second take. Now Monk can outdo Miles any minute of the hour, but can never outdo himself, that's like asking God to recreate paradise, it can't be done.
Maybe Miles wanted the second take and Monk was not really sure why a second take should be made, maybe it was getting late, maybe Miles was getting on his nerves too much, who knows. My guess is Monk for one tried to outdo himself which is bound to end in desaster, but also tried to fegh up Miles when apparantly he lost himself and just let the tape roll without playing a note, sorta like saying: "eat this."
At least I think it's a better story for a Monk/not Miles fan.