Del Rey has a deal with Wandering Star to publish five trade paperbacks: The Coming of Conan the Cimmerian, The Savage Tales of Solomon Kane, The Bloody Crown of Conan, Bran Mak Morn: The Last King (May 2005), and The Conquering Sword of Conan (Dec 2005). Sales of these five -- particularly, I suspect, the non-Conan volumes -- will determine whether Del Rey licenses more of the books.
Del Rey is apparently *not* interested in the Compete Poetry, so that Wandering Star will probably be issuing a trade hardback (under $100). But Mike Mignola wants to illustrate it.
Get volume one, Joshua! They're great stories, beautifully presented, for a crazy price considering all the painstaking unpaid editorial work it represents.