I think the pricing on the Regalias can be explained by the fact that it was a machine-made cigar prior to '02 when all Habanos S.A. cigars became handmade. Like, the Regalias (and Majestics) were considered cheapies and the Petit Coronas were "premium" and priced differently despite being basically the same size. The Half
Corona was released well past 2002 and therefore doesn't have to deal with that pre-'02 baggage, so basically it's always been premium. You can see something
similar with Partagas. The Shorts (premium) are more expensive than the Petit Corona Especiales, Aristocrats, Super Partagas (all previously machine-made) despite the Shorts being smaller. I really doubt there is any type of quality difference these days now that they're all handmade. The pricing is just a relic of a time when there was.
Just my guess anyway. I know a lot of people were bummed about the Petit Corona going away so the Regalias being a fine, good value substitute is great news. I like the Majestics (5.5" x 40) too.