In the recent interview with Christian T. Petersen, one of the most pertinent things he mentioned was the cost to produce the original base game. I think Days of Wonder did a great job of producing a high quality product at an affordable price, which I think was ultimately its downfall. I would guess that Battlelore didn't make much money for DoW.
I appreciate the complexity of the figures and don't mind if I have to place them on their bases (as with Battle of Westeros). I'll even cut them off of sprues if I have to. It was nice not to have to punch out all off the hexes and tokens. However, with the quality of games that FFG is making, punching out all of the cardboard shouldn't be too much trouble. Having banners with stickers already on them was great. But, I don't mind having to do it myself. I can do the labor. However, I wouldn't expect a reprint to offer any less figures. Having 210 figures seems to be on par with FFGs other big box games.
So, when CTP says, "Reprinting the core game “as is,” would essentially result in a near $150 retail price point, which is obviously unacceptable.", I would guess that he is speaking of costs associated with the labor, not with the components.