If you're a hardcore toy geek, then you might be familiar with John Harmon. His homebase is Mint Condition Customs, where he highlights his affinity for taking off the shelf action figures and making them new again. Often he'll transform a character into some other variation that doesn't already exist in an officially sanction toy form.
Harmon’s most recent creation has gotten a decent amount of buzz, and for good reason; it's his take on Bill "Mad Dog" Rizer and Lance "Scorpion" Bean, the stars of "Contra." So why do they look like Arnold Schwarzenegger and Sylvester Stallone? Because they were in the cover the NES version. Kinda, sorta.
The star of Commando and the star of Rambo were clearly the inspiration of the two characters of the box art (much like Michael Biehn, who starred in the original Terminator, was obviously the template for Solid Snake on the cover of the original Metal Gear). Which Harmon decided to immortalize.
Both figures are both highly detailed and highlight posable. As well for sale; they're up for grabs over at eBay.