Noj has made an excellent copy of Tal’s chess although the price is too high.
I know it looks like that from the outside. But if you sat down and took the time make an entire chess set "by hand" (not using CNC machines), that includes turning the pieces, hand carving the knights, drilling, finishing, polishing, weighting the pieces, applying the felt, packing and shipping, how much would you charge for doing all that? Oh, and don't forget, not only do you have to get paid for your time and materials, but you need to make a profit as well.
Don't look at it as a utilitarian chess set, see it for what it is -- a functional work of art by a very skilled craftsman. Compared to the overprice tchotchkes you find in your typical high end shops and boutiques that sit on a shelf and do nothing, you have a work of art you can play chess with. Sounds like a good deal to me.
P.S. Right now, House of Staunton has over 40 sets priced at $800 or higher.
@ Stauntonmaster: I used to think so. However, I've ordered a dubrovnik II from them, for about the same price, because of the excellent reviews this company has gotten, as well as their skill and customer service. My English teacher always made a point of warning against overusing the word "too" in any context. There's a significant difference between " I am late " and " I am too late." As for the set, I think the price is high, not too high, and probably commensurate with the quality of the product and the work that went into its realization.