I recently purchased LBP GotY edition, just before realizing the game would be available in the Welcome Back offer after the outage in PSN.
Before returning the game (which has yet to be delivered) and downloading the one in the Welcome Back, I'd like to know if there's any difference between the two, in which case I'd just choose another game from the offer and keep the GotY edition (or not, if the difference is not substantial enough)
Best Answer
The GOTY edition comes with a selection of DLC (mostly costumes, although the excellent MGS level pack is also included) which the welcome back (standard) edition doesn't.
For a complete listing of extra content, see this post
You could always get the welcome back version and buy the DLC separately.