The screenshots for Magician Lord on Plaion's site are of the MVS version (four squares of health). I hope that's just a case of an intern monkey screenshotting the first romset listed in MAME: I much prefer the home console rules and that version's been shut out of modern rereleases outside of the old and delisted Neo Geo station version. It's not clear which version of Shock Troopers is used either but I wouldn't expect that to be mentioned in a press release.
The mention of Scottland being included on Turf Masters make me wonder how hardcore they're going to be about including CD enhancements and extras. I'd love to see a definitive release of MS1 that includes the Combat School and expanded option menu from the NGCD port without the graphic and animation cuts of that (and derived) versions, but that'd be a lot of work for something realistically nobody gives a shit about.