Looks like that ridiculously expensive Ultimetal Optimus Prime is about to have someone to face off against. Fewture announced they are producing a G1 inspired Megatron to go along with Prime. They have unveiled a prototype of Megatron during Hong Kong’s C3 Festival.
Just like Optimus Prime, Megatron will be non-transforming, include diecast metal parts and feature lights & sounds and have removable panels. Definitely expect the price tag on this one to be a up there, somewhere around $800. You can check out a couple of images of Ultimetal UM-03 Megatron below. (Source: Tag Hobby, via Seibertron)