Well, in fact I tend to agree with you, Woody.

I was thinking about the possible reasons why this X-Factor era has not been repirnted yet in color (from those days we have The Uncanny X-Men, X-Men, The New Mutants, even a Rob Liefeld X-Force Omnibus).
I thought maybe it's because so many X-Factor comics appeared here and there that publishers might bé afraid most readers wouldn't buy a new edition with half material alerady standing in their shelves.
So I agree that the one single volume would probably be a crappy reading experience.

I still think the whole Simonson/Simonson X-Factor deserves some kind of reprinting.