Update (2/16/00) You'll find pictures of the Pepper figures, which are modeled after the Sgt. Pepper characters in the movie, at http://www.mcfarlane.com/toyfair2000/catalog/beatles2.figures.html. (Thanks to Sean Roper and Jeff Pryor.)
(1/19/00) McFarlane Toys, which manufactured the "Yellow Submarine" figures that were sold in 1999, will introduce a set of Sgt. Pepper figures this year, the company announced today. The set is one of more than 100 to be debuted in 2000. No release date was announced.