Is there value in publishing a first draft?

Print Magazine has a terrific look at the cover art on a handful of books, along with some explanation from the designers.  It's a fascinating look into the world of cover design.

Along a related line of thinking, I've often wondered about the value of an author's first draft.  For example, I have about a dozen different versions of SOMETHING MISSING, beginning with the first draft that I submitted to my agent almost three years ago.  I haven't looked at that draft since then, but is there any