The unfortunate taste of reality concerning licensing fees brought this thread to mind immediately.
I doubt we will see any of these products listed here brought to market. When you consider the cost of licensing, then add the cost of manufacturing to them, it becomes apparent that production runs of less than 5000 are out of the question. A run of 1000 @ a retail price under $200 (a price I think MOST people find affordable) brings in less than $200K. Subtract the fees and costs and making a buck on each item has no appeal.
Can you imagine how Peter Lyon feels about the Master Swordsmith Collection?
While he may have had the benefit of being "in the mix" to help him get a better deal, the four swords add up to 40 total @ $6000 = 240K. Now subtract the fees and royalty's $200K; he makes $40K, or $1000 per sword. My point is that PL isn't exactly living high off this. In his own words in the appendices he states that Narsil & similar swords take 3-5 days.
So lets assume 3 days. That's $333 per day / 8 hours = $42 per hour.
Skilled trade averages here in the States:
Plumber _ $70-85 per hour.
Electrician _ $55-65.
HVAC _ $50-60.
Trim Carpenter _ $45-50.
Rough Carpenters _ $25-35.
It's a sad taste of reality.