"By the time you're all done, you're WELL above $2K."
...and after spending $2k, from the front it doesn't even look like the PE from the movie!
It looks like a model of the Pere Marquette.
The semi-scale version looks a lot more like the real PE in my opinion. Below pictured is...
1. Movie Version
2. Scale/Legacy version(need to replace PM tender with PE)
3. Semi-scale version w/no command or cruise, hardly any smoke, no sounds except for a whistle that needs altered so you can here it.
This is where Lionel dropped the ball in my opinion. They sell more starter sets because the price(can be had for about $175). This is good for getting a lot of money quickly! But there isn't enough to make a life long train lover for the hobby. For many this is their first O-gauge train! But you have to take the engine and tender apart to get the make smoke unit and whistle to work adequately? The average parent who is buying this for his kid at Christmas isn't going to do that! This is the reason not only is it the first O gauge train set, for many it ends up being their only o gauge train set!
I know some may say that their first train was the Lionel PE set and now they are enthusiastic O gauge fans for life. Good! But I can't tell you how many parents who have been in my basement to see my trains (with cruise, command, smoke and sound) and are amazed. When I ask if they have trains, they say, "We have the PE train set, but its nothing like these."
To bad Lionel does not make a $349 set with all the nice features kids and adults love but at a semi-scale size for under the tree