An abridged version of the album, entitled Tripping the Live Fantastic: Highlights!, was released in the end of November.

[6] A document of the highly successful The Paul McCartney World Tour, Tripping the Live Fantastic encompasses McCartney's entire musical career from his Beatles songs to his most recent album, Flowers in the Dirt, while also including some unique covers; interspersed throughout are occasional soundcheck recordings as well.

The title is an allusion to the phrase "tripping the light fantastic", meaning to dance or move to musical accompaniment, originally from the poem L'Allegro by John Milton.

Showcasing just the concert highlights, this set is notable for the exclusive inclusion of "All My Trials", not found on Tripping the Live Fantastic.

The show highlights McCartney's return to Liverpool where he introduced a tribute to John Lennon, featured on the B-side of the "All My Trials" single, comprising "Strawberry Fields Forever", "Help!