Revised Edition (also known as Third Edition) is a core set with 75 commons, 95 uncommons, 121 rares, and three variations of each standard basic land. The printing was done in Belgium.
Revised Edition was sold in 15 card booster packs and 60 card starter decks. Booster boxes had 36 packs and deck boxes had 10 decks.
Revised Edition uses striped collation with 11 × 11 sheets. Packs have back-facing cards with uncommon-rare-common ordering. Basic lands appear on the common and uncommon print sheets, so they can take the place of a common or uncommon card.
|3 Uncommons||1 Rare||11 Commons|
Starter decks have 60 cards. They can have either 2 or 3 rares. (Those with 2 rares are presumed to be from earlier print runs as this matches earlier sets and those with 3 rares are presumed to be from later print runs as this matches later sets.) Different orderings have also been observed, and cards may be front-facing or back-facing. Additional inconsistencies may also exist. A 2-rare starter is accompanied by 13 uncommons, 45 commons, and a rulebook with common-rare-uncommon ordering. The rulebook may be inserted between the commons and rares. A 3-rare starter is accompanied by 12 uncommons, 45 commons, and a rulebook. Two formats have been observed. There are common-rare-uncommon decks and uncommon-rare-common decks both with the rulebook between the rares and uncommons.
|45 Commons||Rulebook||2 Rares||13 Uncommons|
|45 Commons||3 Rares||Rulebook||12 Uncommons|
|12 Uncommons||Rulebook||3 Rares||45 Commons|
Pictures of all three Revised sheets exist.  The sheet layouts are similar to those from Beta and Unlimited. Cards that were removed have, of course, been replaced. There is also a little bit of other shifting of cards. The overall land distribution remains the same except for the removal of the rare Islands (which leaves Islands being slightly short printed, although replacing an uncommon with a rare in the starters slightly mitigates this).
There is a single sheet that prints each common card once. The remaining spaces are filled by basic lands. The sheet layout is very similar to the Beta and Unlimited sheets.
There is a single sheet that prints each uncommon card once. The remaining spaces are filled by basic lands. The sheet layout is very similar to the Beta and Unlimited sheets.
There is a single sheet that prints each rare card once. The sheet layout is very similar to the Beta and Unlimited sheets.
 The "Compilation of Uncut Sheets" thread on the Magic Librarities Forum has pictures of all three sheets.