Holy…wow. NECA just announced the actual Batman figure I wish I’d gotten in 1989. In almost the same packaging, to boot.
They’ve found some very clever ways to get around the loopholes that give Mattel most of the rights to DC figures in that scale, and I suspect you can thank the deal that was made to allow DC Direct to do Superman and Batman figures for specialty retailers (remember that they couldn’t at first). It seems this figure will only come as part of a deluxe Blu-ray set for the 1989 movie, thereby technically not infringing on Mattel’s exclusive mass-retail toy license.
The real tribute, of course, would have been Bob the Goon, the only figure anyone found on the pegs for about a year.