Dengeki Hobby magazine has reveal the latest Transformers: Masterpiece from TakaraTomy. Unfortunately, it isn’t a new release, however it is a repackage of most fans favourite character, Grimlock. Masterpiece MP-08 Grimlock will now be released as Masterpiece MP-08x King Grimlock!

The figure will now come in a special comic style package, with new accessories, including a crown, sword and a gun. No longer included are the apron, necktie, tray, glasses, or transfer device.

The figure will be a Toy HobbyMarket exclusive, retail for 13,000 Yen, and come out in late December.

Tformers have a photo from the magazine.

Time for some more rumours. Sparkplug of SGCollect has posted some information he has received on the release of Masterpiece MP-08 Grimlock and Alternity Megatron.

Masterpiece Grimlock will be released in March 2009 by TakaraTomy with a price tag of 130,000 Yen. This is a lot more expensive than other Masterpieces, so (if true) expect a large item.  Alternity Megatron will be available in either blue or silver and will transform into the new Nissan Fairlady Z.

Expect retailers to either confirm or deny these rumours in the coming weeks.