I was disappointed at first.
But Jeremy's logic makes sense.
To do a really sought after character as a promo like this would make a lot of fans unhappy.
Mr. America, a short lived Hogan gimmick, is neat as a figure but will not pleeple that many fans off.
Sure, hardcore Hogan marks might be sa they have to do the promo, but most fans would be more pissed if it was Savage, Owen, Razor or anybody that hasn't been out yet. And Jakks did clearly state that the mail in would be an existing character with new headsculpt and deco.
So I'm not thrilled with the choice, but then I'm sorta glad I don't have to spend the $250 odd to get him.
I sympathize with those who really want this figure, but at least you have a shot of getting him at all. Not like he was a employee only gift or something. Not that any SANE company would do that to collectors