The first Supes had a more accurate headsculpt, though (even though the paint was bad), and it had a really small production run. But the real point is this--had there not been a 2-in-1, the first Supes would be worth much more, because anyone wanting a HT Superman over the last several years would've had to vie for that one. They also have the 2-in-1 option, so the value is reduced relative to what it could be. Same goes for the first Dark Knight Batman. Still worth quite a bit despite having an updated version released, but if there were no DX02, it would be worth $400-500, I bet.