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I am of the opinion that it depends on the state of the material. If there is enough for the author's intent and style to be clear, I think publishing an edition with prefatory explanation is fine. For example, I'm glad to have gotten the chance to to read The Children of Hurin. While it may have not reached a state by Tolkien's death that he thought was ready to publish, the wealth of material and variant versions yielded a credible version for an editor to work from. (I find it amusing that Christopher Tolkien seems to have done for his dad what his dad did for the Anglo-Saxons.)
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