You will remember that the Model Club issued their version of #437 quite a while ago in August 2022. That was the later version with cast wheels and the second system for operation of the lights.
I think they had probably decided to make that version because the early system may well have been pretty fiddly to reproduce and still not functioned very well. So that was a sensible decision and meant that they could continue to claim to be reproducing the original models as closely as they could.
The red and cream issue that is now available retains the later system that was fitted to the blue and white model. So, for the organisation, this entails just a few fairly simple changes and will be somewhat more profitable as a result. It's really just a change of finish and new decals and wheels, plus what look to be different coloured tubes for the small lights.

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