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Best Buy then Amazon has price matched this 4K box set for $169.99.

Yeah, I'm kind of let down by this Ultimate release. I'll probably end up purchasing the 2020 4K releases instead at a much cheaper price as 90 minutes of new bonus material doesn't make up the difference in the pricing.

The same here on all of your comments. I have the 4K digitals because I purchased them prior to them being in 4K.

Hell, I love the movies and even watched them again in a movie theater before the pandemic hit in 2020.

So you didn't see these films in a movie theater? I love these films and was there at midnight back in the day.

Most likely that's the MSRP as Amazon doesn't discount many new titles just added until some days or weeks later.

There is a new remastered Blu-ray set coming out for those movies and it's the extended version only. The Lord of the Rings Motion Picture Trilogy: Remastered Extended Edition (Warner) Middle Earth: 6-Film Ultimate Collector’s Edition (4K/UHD) (Warner)

Hell, you be better off just buying the earlier 4K set for the Lord of the Rings movies. According to Bill Hunt there is only about 90 minutes of new bonus material with this new 4K box set. I bet you can purchase that LOTR 4K set for less than $70 in the next few months.