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If the $150 wood set is too much for you but you still need something to better hold your cardboard Settlers of Catan tiles, then consider the Settlers Hex Board. It’s a $30 plastic frame, also available in sizes to fit the 5-6 player and Seafarers expansions.
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I picked up this frame (at least, it looks very much like it; I bought it on eBay, and it looks identical so I believe the eBay seller must have opened up his own site?), and it’s really quality. I haven’t actually tried it yet, just got it and plan to set up a game this weekend, but upon inspection of the pieces they look very solid. Setting up a Catan game should now be fun, rather than the pita it typically is with the warped cardboard frame that comes with the 4th ed set.