Kinetiquettes has their first official licensed statue in the works and its Evil Ryu. The concept behind the statue is that he's summoning the Metsu Hadouken and it's so powerful that it's tearing apart the rooftop of the temple he's standing on as he's creating it. It's still pending Capcom approval of course, but you can check out the sketches and rough mold of the statue below. There's also diary video to watch as well.
http://www.youtube.com/watch?v=x8ubXr71Pp4