If it was scale, definitely yes.  If it was another tired retread of the General, no.

My wife, from childhood, always liked Lionel's 'General,' she saw from ads.

If, I were able to afford one, I would spend the extra dollars and buy a museum quality crafted 'General.'

I believe, if Lionel did manufacture a 1:48 scale size 'General,' maybe, it would cost as much, or more than a museum quality crafted set.

But, who knows?!!
Ralph

Yes it must be scale.

Thanks for pointing that out Lee, I neglected to mention that in the post.

If Lionel could make the Lincoln funeral train, they could easily make the 119.

Of course, it's unlikely to have Legacy, smoke, swinging bell, smoking whistle and depleting wood load.

Rusty

They should do a set of the 119 and the Jupiter.  Both scale with as many of the "bells and whistles" as possible.  Now that'd be a wonderful set to get, and I'd buy it for sure.  But the question would be which livery for the Jupiter?  I personally prefer the red one over the blue one, even though my favorite color is blue.  I think it has to do with the job I had making 1/4 scale locomotives based off of the Jupiter.  Most of them were more red, and it looked sharp.

Red:

Blue:

Very true.

But if Lionel doesn't step up to the plate, SMR Trains would be the next more likely candidate, even though they prefer to model even earlier 19th century steam.

If they do Jupiter and 119, it would make sense to do Leviathan and York too

With 2019 being the 150th anniversary of the completing of the transcontinental railroad hopefully Lionel or MTH will make the 119 and the Jupiter.

Neal Jeter

I would love to have the whole set, 119, Jupiter, Leviathan, and York, and perhaps some others of that era, and maybe Yonah, too.

Lee:

SMR Trains currently has the Yonah in stock.

http://smrtrains.com/engines/yonah-model-trains.htm

But the question would be which livery for the Jupiter?  I personally prefer the red one over the blue one, even though my favorite color is blue.  I think it has to do with the job I had making 1/4 scale locomotives based off of the Jupiter.  Most of them were more red, and it looked sharp.

Personal preferences aside, the blue livery is correct.  The original red one was designed by Disney based upon art, not history.  As something of a historical purist, I hate to see error perpetuated.

Precision scale produced this set back in the '90s.  2-Rail only, very pretty but underpowered and overly delicate.  Very expensive also. 

Speaking of expensive, as lots of folks like big models for their big dollars, I wonder how many would be willing to fork over up to $2K per loco to have "all the bells and whistles" on a model which would be maybe 14" long, including tender?