Tron: Legacy Reconfigured was released to coincide with the home video release of Tron: Legacy. The remix album was sold as either as a standalone record or as part of box sets including the film, an EP of bonus tracks from the original score, a copy of the comic book tie-in Tron: Betrayal, and a poster of Daft Punk as they appear in the film. The "ultimate" box order included a five-disc set featuring Tron: The Original Classic as well as a collectible lithograph.
Daft Punk's former manager Pedro Winter was displeased with Tron: Legacy Reconfigured and asserted that the duo was not involved with the remix album. He wrote in an open letter to Disney that, "Of course some of it is nice, and you know there are some of my friends on this CD. But this is not enough! [...] I am sad to discover the A&R at Disney records is apparently buying most of his electronic music in airports stores..."
Reception to the remix album was generally mixed. On Metacritic, the album holds an aggregate score of 59/100, indicating "mixed or average reviews". Heather Phares of AllMusic believed that Tron: Legacy Reconfigured was made in response to the perceived lack of "dancefloor movers" in the original score and noted that, "While the acts involved don't offer many surprises, they do what they do well". A Consequence of Sound review also felt that the record was a more accessible version of the film soundtrack: "Listening to the album straight through feels more like an eclectic concert than a compilation, and that’s meant as a compliment."
Jess Harvell of Pitchfork Media wrote that the album is successful "about 50% of the time" with the conclusion that, "taken as a whole, what we're left with is a solidly middle-of-the-road project building off a solidly middle-of-the-road movie score. In a negative review, PopMatters believed that Tron: Legacy Reconfigured was a "cash-in release" based on the "disappointing" original soundtrack. "The remixes that depart sharply from the originals, and sound more like their creators than like Daft Punk, often sound the best."