9476 The Orc Forge
The main part of the set is some sort of primitive machinery for hoisting metal chunks (silver 1x1 round tiles) and tipping them into the black crucible. At the front there's a fire for heating the chunks, which is illuminated with a light brick. The base it stands on looks great and the slopes that go to make it, which includes 18 1x1 cheese slopes in olive green, account for a large percentage of the parts in the set.
The black thing at the front of the picture, which has trans-orange plates inside, is probably supposed to be for annealing the swords.
The set comes with four minifigs: Lurtz, two Mordor Orcs and a Uruk-hai. Unlike the Urak-hai armour in the army set reviewed below, the armour in this set has hand prints printed on it, which look great. As you can see, the ears on the Orc are a slightly different shape to those on the collectable minifig Elf. They are all highly detailed with printed backs and either double sided heads (Lurtz and Uruk-Hai) or back-of-head printing (Orcs).
This is a fun playset that probably won't appeal to everyone due to there being no 'conflict' in it. In the US it costs $40 and it will be £40 when available in the UK later in the summer.
Here are a couple more photos on flickr: