Well, okay not really. But it is the first appearance of a Red Hulk in a Marvel publication, predating the "Rulk's" first appearance by fifteen years. I was going through some old magazines earlier, and look at what I found in Marvel:Year in Review "93:
The page is from the article "Bring on the Bad Guys!" by Tom Brevoort and Mike Kanterovich, which concerns itself even then with the darkening of the Superheroes. Running with the article were lighter sidebar illustrations of the "Good" "Better" and "Best" versions of various Marvel chracters, with the best in each case being a wacky made-up version that was even more extreme than the most extreme version. You can imagine the character progressions that lead to "Bile", "the Patriot Missile", and "Clawjaw". Anyway, the "Red Hulk" pictured above is a red-colored Hulk 2099, if you didn't know.