Sure!
It means: exactly the same music, but produced in a version on coloured vinyl so that geeks* with unlimited disposable income/vinyl speculators can have something to be disproportionately excited about, and gleefully reap silly financial returns from other geeks (with even more loose change/who missed out initially) via online after market. These are increasingly "very limited and collectible" releases, pitched as being "for true fans/collectors", but in reality mainly fuel/encourage the clammy, cruddy practice of "record flipping" - the practice of seeing music as "frozen orange juice" or "pork bellies" futures. Much of this trading goes on in the wee small hours, particularly whilst significant others/children are out of the way.
It's a very mysterious, arcane rite of the 21st century, one that future post-apocalyptic Earth dwellers will be puzzling over in the ashes of civilisation for decades....
Must go, my tongue is causing my cheek some discomfort!
* (Yes, I of course know this pain and self-apply the term occasionally, so am qualified to tease)