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If the license agreement is fixed and they get a set amount regardless then it wouldn't matter. If its on a percentage of each sale however then I would think they would want a strong input.
Anyone have a clue on how the deals are structured?
To most of the above, I think we can all appreciate that as collectors you have reason to be disappointed that a slot has been wasted and/or (although i don't attribute this to most of the people here) the set you thought would be worth X$ is now not likely to get to that level. I can even understand, although i don't agree with it, that a re-release somehow diminishes the 'ultimate' nature of the series. Its probably a stupid phrase to use, similar to why as scientists we try to avoid words like maximum/maximise or minimum/minimise unless they absolutely apply not just to the current point in time. But as has been said, what was ultimate isn't necessarily ultimate today and so long as they can claim its somehow better than the old version (seems easy with the piece count) then I can't see why there's a problem. (This might be the reason we won't see a new UCS MF as I can't see them wanting to match let alone up the piece count).
However, its this 'LEGO ignore us at their peril', 'LEGO are stupid' message that comes across which just makes your arguments seem stupid. Even LFT points out that most of the >RRP large sets he sells are for kids. More importantly though I'm entirely sure that LEGO, with all its sales data (hard data about how many sets are sold, the rate of sales, profitability of different UCS sets and even an idea of how many are sold to consumers/resellers) as well as other important information about licencing agreements and production runs, that LEGO are in a far better position to know if this is a good or bad decision, not just in terms of business but any bad feeling amongst collectors.
It could be seen as LEGO opening another front against resellers (it will surely have a knock on effect on any sets reaching silly multiples, although the influx of resellers has probably done that anyway) but I think its much simpler than that, just a very simple, correct, business decision based on cold hard facts.
And as for your view of LEGO as a kids toy and not a collectable, in general you're spot on, but when it comes to "Ultimate Collector Series" the name, and the age rating, offers a pretty big clue that these sets are NOT for kids and ARE for collectors. Given this, different rules apply, and hence the vitriol which has greeted this new X-wing from some quarters. There's an argument this re-release maybe indicates that LEGO wants to have their cake and eat it - push the "collector" aspect when it suits them, and then cheapen the UCS 'brand' and expect collectors to suck it up....
Finally, not wanting to piss on anybody's parade, but I think the Millennium Falcon is highly unlikely to get the remake treatment, unless LEGO cut it down in size, part count and price. Don't forget that the sales of the original were at best modest, so why would they go down that road again ?
1. The market is bigger than what you think you know and is always growing.
2. It's not all about you. Every sour grape is likely accompanied by a few more happy collectors.
3. Well deserved rehashes still do well in the aftermarket.
I get the whole rehash taking up valuable resources and potentially a new x product, but why can't these people understand that not everything is made for you? Sit out on a few until something you like makes its rounds. If the current offering doesn't suit you, you don't fork cash over, and just maybe they'll get the hint once their pocket runs thin. The whole system auto corrects itself.
I've been collecting diecast jets far longer than I have on Lego. My biggest peeve early on was the sheer amount of Phantoms that were constantly put out on the market instead of new planes. I couldn't believe that anyone was actually buying them until I ran into a hobby shop that stocked them and didn't have problems selling. And then it hit me, what if, just what if someone else fancied the things I didn't? *DUN DUN DUN*
I'm still lost on the 'limited' phenomena. Not much to say about that.
The retained/increased prices of some Lego sets are amazing, mainly because AFOLs will pay extra to obtain some set - kids or parents buying for their kids will usually decide something is not value for money when someething skyrockets in the aftermarket.
In the end its a business decision that I get. I collect McFarlane Sports figures also, every year the football line has a Tony Romo figure. It's not because he's the most awesome player ever, its because he is a Cowboy and he sells. Yes he takes a lineup spot from a more deserving player from a smaller team but the sales are just there. Same thing here, I'd love a Slave 1 (Or for God sakes a long overdue TIE Fighter) but they probably wouldn't sell as well to the casual lego or Star Wars fan as the X Wing will. And with the global economy still in fairly poor shape, it makes sense that they'd go that route.
I think there will eventually, especially if they make a Han Solo offshoot movie like rumored. It would make too much sense to do one then. But again you are talking at least 5 years down the line, if it gets done before say 2019ish then it's too soon IMO.
My gut feel is overall aftermarket prices will soften for all UCS sets. It was and perhaps is a slight bubble at the top end, and maybe new minty items will still command a premium price for the tiny band of hardcore completists, but in our well informed Lego community, are there really people here would still happily pay four figures for a UCS Falcon?, when it's highly likely and strongly commercially justifiable to remake THE most iconic ship by a mile in the Star Wars Universe.
1906 people own this set
3884 people want this set
Three thousand, three hundred and eighty_eight people want this set, double the amount of people who own. Second most-wanted set only to 10188 by a measly difference of 3. That's why.
Like what @kevbags alluded to in his post, there's 10 ten years left on the existing Star Wars license and considering how many movies, spinoffs, TV shows, cartoons, etc., Disney (king of merchandising) is going to milk Star Wars to get back the billions they paid to Lucas, and, secondly, how deep Disney and LEGO already are linked, that license will most likely be renewed. So whether it's 10 years or 20 years or 30 years, nothing will be untouchable.
I am very happy to see 10240 for purchase. The more, the merrier.
People clicking 'want' doesn't necessarily mean they would purchase the set if it were reissued. As you state, nearly the same number of people 'want' 10188, and it's been available for them to purchase for nearly five years.
Even if someone specifically wanted the old X-wing, what would stop them from changing their minds, deciding, "maybe I don't need to spend $1k on that X-wing after all." This revelation has the potential to change the face of the aftermarket forever. Hopefully resellers will realize their investments aren't eternal bastions of rising profit margins, that they too have a shelf life, and will price them to move instead of waiting for dividends to collect, ad infinitum.
Of course, I realize that supply & demand pricing takes two, so again, hopefully buyers will be able to restrain themselves at some point and simply say "that's way too high, I'm not going to pay that."
Then again, they have been doing the same thing with system sets for years - maybe nothing will change. Only time will tell.
Of course, at the end of the day, anyone or thing that ups the amount I have to pay for a set second hand, deserves to be tarred and feathered. Just saying...
Unfortunately, I feel like this trend is on the upward slope and our hobby is being somewhat hijacked by investors who couldn't care less about Lego, only profit. As long as resellers continue to have an interest in the hobby, and a little bit of a conscience, we'll be fine.
My problem is how dismissive you are of people who are upset because it's a repeat, and how that's not a good enough reason for you, presumably because you choose not to look at this through the lens of a collector, even though that's exactly why they're upset and is reason enough for them. So you're now looking for a justification you can't find, because the justification for that sentiment lies squarely in coming at the problem from the perspective of the collector.
As to the inferiority of the new model - I may indeed have been opposed to a re-hash pre-photos (I was), but if you look at the ships side by side... and look at the film models... it's hard to make a case for the new one being better outside of the engines. @BrickDancer did a better job than I ever could of pointing out the sloppy build techniques, but the whole ship reminds me of the SSD, where the back is incredibly detailed and the rest of the ship (especially the nose and canopy) looks like it suffered as a result.
No, I think I used the proper context: the huge amount of pent-up demand shown by ownership versus desirability -- a clear 100% increase between the two. Of the top ten Most Wanted Sets, only Cafe Corner and Sandcrawler comes close, and that at a distant 25% increase,
Normally, I would agree with you that clicking 'want' doesn't necessarily mean 'buy' for any other set, but this is the Millennium Falcon, most iconic ship in the Star Wars universe, the one that people really regret not owning.
Let's look at the context of its release and discontinuation. It was the first set to hit $500, and in 2007, that price was unheard of, crazy even. LEGO has weaned us really well because after that first hard pill, a $400 SSD and $400 Death Star are much easier to swallow now, aren't they? And in comparison to the $2,000 that is the going rate for a new 10179, that initial $500? Peanuts, a right bargain, and why if offered for purchase today, a similar USC-type MF would be an automatic buy rather than just a wistful 'want.'
All that aside, I have more reservations about the deepening LEGO/Disney relationship and leverage over creative control than whether rehashes will be made.
Secondly, I don't know why you, @mathew, are constantly ragging on re-sellers. Sometimes you act like they are mindless little fools or something. We all have our different ways of re-selling.
I think it's high time that you respect, and quit disrespecting, many people's ways of business on these forums. I ask that as kindly as possible.
A little wise clip from Bambi once said, "if you don't have anything nice to say, don't say anything at all". :-)
Now I've got my fingers crossed that this thread won't completely turn into another re-seller debate.
When is this set being released? May sometime?
Anyone have any thoughts on what is to come in October? :-)
Has the potential to be an incredible set, but at the same time, if built wrongly, be a disaster of a set.
On my quote, let me modify it slightly. I can take my personal opinions from acollectors point of view having done so, but I choose to look at my opinions in a more relaxed way. If that makes sense. Hopefully that will make it seem like I'm not actually wanting to see the otherside. I'm also not trying to be dismissive, I'm just more amused that a few guys are being all doomsayer talking about how everything is ruined. It's just the same spiel I've seen over other collectibles over the years and in the end 90% keep buying it anyway, and the 10% that dont and quit are usually replaced fairly quickly by a larger subsection.
I never built the first UCS nor have I ever seen a built one in person, But I guess I dont get how you can come up with massive critiques off a few pictures and a video having not been able to actually touch one. That said I'dd defer to your (and Brickdancer's) opinions.
I do think you'll see a few more remakes eventually, but they will be few and far between. I wouldnt be shocked to See the Snowspeeder and eventually Falcon redone in some form (the Snowspeeder needs it too, the nose on that thing is garbage.). I could see them maybe redoing the Star Destroyer too. I'd be shocked if we ever saw any others redone though.
Secondly, all those opposed to this rehash have not mentioned a word of its monetary value or negative impact to resell of their MISB 7191's. Those folks even state clearly it is not a money issue or decline of their asset. So approaching the matter from that angle is not accurate as a view of why we dissent with this move.
It's not just the UCS line that should be protected from TLG's rehashing, but also the Modulars, Monument Sculptures (Taj, Eiffel, Liberty) and Expert Creator (Carousel, Dreamliner, VW Beetle& Camper Van). These are not system sets that are the bread and butter for revenue. These are flagship sets to demonstrate Lego's creativity and push the envelope. Imagine if they rehashed the Imperial Flagship or Emerald Night, you would be happy with that?
And regarding Disney milking Star Wars, go for it. Lucas was milking it in completely ridiculous ways. At least Disney seems to be trying to create a good product first time out with the choice of director. It will be interesting though to see if original trilogy stuff disappears altogether as kids get older and only care about what is new and hot.
Just to toss a thought... If it was about twice the footprint of 10188 in length, while staying the same overall height and width, it would fit well enough on many shelves and be workable for a kid's room. If they will give it a decent brick/plate built base rather than the smaller $100 playsets, that would give it something "special".
That would be big enough to have a few big trees, an AT-ST, minifigs, speeder bikes, bunker, shield generator, landing platform, etc. Perhaps it could be 3 different playsets built into 1 set, perhaps 1/4 of a circle, with each 1/4 being something different.
1. Landing Platform/Shuttle/Luke-Vader
2. Ewok Village
3. Shield Bunker Battle
4. Speeder Bike Chase
Just an idea... Unless they blow us away with a 5,000 part set! :) Unlikely, but you never know!
It is also possible that they'll do the Jabba's Palace thing...
What if they release the above 4 items in 4 different sets, that can be attached together, release them 6 months apart. Make each one about 1,200 parts, so the total is 5,000 parts, but the cost of each set is $150, making it an easier price to pay for each part.
People might balk at $600 all at once, but pay $150 at a time every 6 months to put it together.
If Han and Boba get their own movies, if done right, those could be very sweet indeed.
Disney has done very well with Marvel the past few years, no reason they can't do the same here.