YES! This is the original version of one of my favorite fan-made Touhou tracks!
The original artist wasn't happy with the piece (as seen by their comment on the original video), and decided to remake it. I get the impression Precision wanted a more boss-theme type track, but you can judge for yourself.
Sometime after that, someone else asked to remix the theme again. Having been granted permission, the Nenekonesha presented onto Precision a piece entitled, "Isolated Musical Phrases about a Girl that was Cut from Production by its Creator but Whose Resource References were not Commented Out from the Source Code either due to Development Oversight or Just Plain Trolling and was Picked up By Fans Because She looked Moe ~ Descending Pink."
...
Thankfully, the title was shortened before release.
The looping version is better, but the only one available is a ten minute plus extended. Still worth a listen, though.
I'd love another remix tournament (especially since I missed the first one).