NECA revealed their latest Deadpool getting the 1/4 scale treatment. It is really just the original Deadpool with a ton of new unique accessories. This is a bummer for those who got the original. The only way you get the cool new items is by getting the figure again. The Ultimate edition also come with new head sculpts to lessen the hurt of buying a whole new figure. You can check out more over at their site.
Update: He is currently up for pre-order at Entertainment Earth for $115 free S&H.