Guess case is just that. An approx guess which is mostly correct, but sometimes wrong. It just checks words, not grammar. English is complex. There are plenty of examples like this. See also Shine On You Crazy Diamond.
There is a whole set of guidelines about correction of English to follow various grammar rules. See the link quoted above. Otherwise everything would be ENTERED IN ALL CAPS making it unreadable.
That refers to the words used, not the casing. For example, if the cover has “Sound of Silence,” the MB track title should not be “The Sound of Silence.”
Aliases often appear due to merges. It would also explain why “Walk on By (remastered)” is in there. Check edit history and I doubt you will find anyone has actually edited those at any time.
One small problem is that I’m not sure which, if any, published style guide MusicBrainz adheres to. I did some brief comparisons a couple years ago, and it seemed to me, based solely on the capitalization of prepositions, that MB’s guidelines are closest to the Chicago Manual of Style. But, as I said, I only compared this one area.