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Re-Pet a Reality
tigerdarklord writes "The Sci-Fi concept of pet cloning has become a commercial venture. Genetic Savings & Clone now not only offers genebanking for your pet (alive or recently dead), but a full service cloning shop. Although they started by producing two clones of the CEO's cat, they have now produced their first commercial clone for a woman from Texas. GSC has modified their cloning procedure to overcome the resemblance issues demonstrated when the College of Veterinary Medicine, Texas A&M, created CopyCat. The technology looks promising but the $50,000 price tag will prove to place the service out of the reach of most pet owners."
As to the wisdom of spending $50k on a cat - any cat - I'd say that it depends a lot on your overall financial picture.
Put a needy kid through college...or get a kitten.
Supply starving villagers with a herd of cattle...or get a kitten
Save a child from starving to death...or get a kitten
Regardless of how much you earn, I don't see how blowing money of a frivoulous project like this could ever be called wise.