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I much prefer the "once it is gone, it's gone" route. I wouldn't mind them reissuing (hard-to-find) parts for older sets, maybe reusing them in a new set. That way, anyone genuinely wanting to build the original could easily build it by sourcing the correct parts. However, those people that own the original will always have the original - with box, manual, etc. In that way, you wouldn't just get people buying up the new releases because they are valuable, rather than because they are wanting to build the set.
As to price, if people are willing to pay 2.5x RRP or more, and lego did re-release it, then why should they not charge the same as resellers? Not 1.1 or 1.3x, charge what people are willing to pay for what is then a niche product.
As much as I would love a MF or the first few Modulars for a lot less then current prices I tend to agree about "once it is gone, it's gone".
I'd just prefer if they put their efforts into creating new models with new techniques and new ideas. Sure I'd love a brand new Cafe Corner, Green Grocer and 10179 (to build not resell) but I'm much more exciting to see what they can come up with in the future to wow me with rather than bring out old sets that were around for long enough before.
1) of all of the previously re-released sets, I think only the Club car sold out, everything else I think they had to clearance, or just did not sell well.(Maersk container ship does not really count-see below)
2) As someone noted many dyes or colors are not in stock, causing more development time for what many already consider an 'inferior' design now.
3) Again those who have it may have paid dear for one.. now, while you may not think it is a big deal, they may, which may lead them to stop buying LEGO product (not a likely scenario but you never know).
4) The secondary market, whether people like it or not, helps drive primary sales.. Why do you think LEGO sold a ton of FBs late last year, why do you think Lloyd figures are sold out? Now, doing this would probably stop some, but not all resellers, but then again do you really WANT to do that? Regardless of issues that people have with Re-sellers (and trying not to start a war here). I think it can be said that if not for them buying tons of product, it would not be keeping prices down long after the item is gone from LEGO. If you think GG is expensive, imagine if re-sellers did not hoard them away, think CC prices. And LEGO is not going to perpetually keep re-releasing old sets for the benefit of the few just so they can lose money.
5) I do not think that LEGO group would be able to get enough demand to justify shelf space and costs of a re-issue as a new set, 20000 is not enough people, sorry, considering what some sets sell collectively, plus you can nix out those with the set already. Believe what you will, but I think they discovered this with Legends line, which is why you do not see many if any re-releases. I really do not count the Maersk container ship as that was by demand (and cash) of Maersk that LEGO produce more.
I just think that LEGO is not going to 'roll the dice' and hope it sells a ton, they want to make money, not lose it by having to discount a set that they should not have re-released in the first place
Im sure there are various other reasons, but I think you can also see the monorail threads begging for a re-release.
If CC gets re-released (which I don't think it will or should), it would be with the newer style doors and windows, and other upgraded parts and techniques. As it should be.
I would love a Taj Mahal, Carousel and the early modular buildings. But I will never pay the stupid prices they currently sell for on the secondary market.
However to appease the purist collectors I would make a few changes to each set to distinguish the new versions from the originals.
Either by changing some of the colours used or by using a few different building techniques.