I was lucky enough as a child to have the original in their collection. I still have that raised baseplate safe in storage. Most of my Imperials survived childhood, I think. Haha.
I have seen a couple of remakes from the fans for this classic Pirates set done in their own style using newer techniques & parts. Sometimes builders can go a bit overboard with a more "inspired by" end result losing that original charm. I believe here the LEGO designers achieved a faithful recreation albeit a pricy one. Thank goodness the base is completely built from the ground up without any "junior" parts or "ugly rocks" either. I am curious how the rock island is built internally more so than anything else of the set.
The LEGO Company has made various nods on a small scale towards the themes which helped to build them. Re-imaginings of this magnitude would be magnificent to see more of. I would be fine with a yearly release for remakes under the "Icons" moniker of this caliber.