Sideshow has stated that the Ringwraith on Steed will indeed be a Premium Format, and some of our members have said we shouldn't be too worried about the price. Sauron will be another story.....
It is a bummer that we don't have anything else on pre-order for the LOTR Premium Format line at the moment though! I hope that we see the RWOS before too long, but the next character is a member of the fellowship (hopefully a Hobbit!!)
I can't wait to see this Orc in hand, as I really like the variety of the villians offered thus far, but I could certainly stand to take a break from baddies in the PF line.