The Pippin was a bad choice for a number of reasons, chiefly the expression and pose were frankly ridiculous for a stand alone piece, and yes, he most definitely should have been in his Fellowship outfit. On the other hand, the fact that a statue of Pippin existed in the first place ahead of the likes of Eomer and Denethor and Faramir was my personal most problematic view of the situation.
I have no problems with a full Fellowship, just not this early in the line. My point is simple, a full team is fantastic, but stretches the patience of people who's sole ambition isn't the Fellowship when there's NINE characters. Unless Merry and Pippin share one piece, which would be great. I do totally dig the Moria motif the Fellowship shares, its a nice break from all the Lorien cloaks of years past, except Aragorn which seems to be a companion piece to Lurtz more than a Fellowship member.
My hopes is that the PF line lasts longer than most, and that the characters represented are made for the sake of the character, not the arbitrary Fellowship collection. If only one Aragorn could be made, for example, I like to think it would be truly an iconic Aragorn piece, like Elessar, and not just something that would "look good with the Fellowship". Although I'm sure we'll get many duplicates in the line, having at least ONE iconic and unique character represented outside the Fellowship would be nice, be it Eomer, Faramir, Denethor, Theoden, Elendil, Isildur, Elrond, Gil-Galad, or basically anyone other than 3 more Hobbits in shorts. But of course, I'm in the minority, and Sideshow won't cater to the minority, so at least I still have Gimli and Boromir to look forward to. The Hobbits will be the gauntlet that the line has to survive though, they're boring, and only completists will be even remotely interested. IF the lines survives the Fellowship, which has never been done in a high-end line properly before, the sky is the limit. I hope we get there and see the TRUE potential of the line.