This is true, the 1/4 kit already exists, but I'm not sure of the status of the original queen maquette that was/is at Stan Winston Studios. Or even if Sideshow would use it. The SS 1/4 queen bust was taken from from this as far as I know. I think the pose of the queen from that kit/maquette could be compressed a bit to reduce the height and make it more display friendly, the pose is very rared up. I always wished I had the skills and balls to add the rest of the body to the 1/4 queen bust!
If this was released and was at least 1/5 scale I would buy it in a heartbeat.