Type needs to be at the top because changes to it affect the layout of all the other fields.
But what if we switch Genre and Album, and slightly increased the width of the right-hand column at the expense of the left?
Left Hand Column, Right Hand Column
Artist(s), Disc# Track #
Album Artists, Date
On the other hand, the Album field might not have enough space, and Album wouldn't be where most people expect it (next to the Artist/Title).