Fifteen years after its initial debut, the iconic S.H.Figuarts (SHF) Dragreder has returned. The original 1.0 version was released in 2011 as part of a set alongside S.H.Figuarts Masked Rider Ryuki. Now, in 2026, Bandai has released an updated 2.0 version of Dragreder - but as a standalone package separated from the new Shinkkochou Seihou (SKC) Ryuki in order to milk the collectors...
Today we'll look into this new iteration and compare it with the old versions to see if it offers enough improvements to warrant an upgrade.
Packaging and Presentation
Right out of the box, you can see a difference in how the two figures are presented. The 2026 release features a boxart similar to that of SKC, where there's no see-through window to examine the contents and only printed artwork of the figure itself at the front and back of the box.
Contents at a glance
Close up look at the contents of each SHF variants
Sculpt and Detailing
The most significant differences between the two versions become apparent when you examine the sculpt. In the following, I place 1.0 on the left and 2.0 on the right:
On the other hand, the Dragsaber accessory looks largely similar between the two versions, nothing much to compare or comment:
Paint Application and Size
Bandai has also updated the paint application for the 2.0 release. The original 2011 Dragreder featured a rich metallic red finish that gave Dragreder a premium, armored look; The 2026 release swapped this out for a flat, solid red paint. This caused a significant backlash in the collector community because Bandai's early promotional images advertised the 2026 figure with metallic paint. While some (including me personally) argued that the flat red looks (slightly) more screen-accurate, I understood the frustrations of fellow collectors who are disappointed in Bandai's false advertising and see the new, non-metallic paint finishing as a downgrade.
The Verdict
The S.H.Figuarts Dragreder 2.0 is a structurally superior figure wrapped in a highly questionable release strategy. The engineering on the articulated claws, the tightened body joints, and the inclusion of dedicated display weapons make it the definitive companion for the Shinkocchou Seihou Ryuki.
However, let's not forget about the pricing here. The original 2011 Dragreder was sold as a bundled package alongside the SHF Masked Rider Ryuki for 3,800 Yen (good ol' days). Fast forward to today, PBandai sells the new SKC Ryuki and the new Dragreder separately - and they charged heck of a premium for it too i.e. 11,000 JPY (excluding tax)!
Also, the shift from a premium metallic finish to a flat red plastic is a bitter pill to swallow - especially when paired with the staggering 11,000 JPY price tag for an accessory pack that largely reuses 15-year-old molds.
If you are already committed to the SKC line and value articulation, stability, and display options, the 2.0 is an essential, albeit painful, purchase. If you prioritize premium paint and overall value above all else, the 2011 original remains one of the best bundled deals Bandai has ever offered.














