Namaste all,
as an outgrowth of religious feeling, i see no issues with it.
in a real world use of funds, i feel that said money could be more well spent. of course, this is my view and quite deluded a view it is.
interestingly enough, there were no statues or thangkas (paintings) of Shakyamuni Buddha until the arrival of the Bactarian Greeks, who it seems, were quite fond of making pictures and such things.
from an historical perspective, it is interesting to watch the development of the proto-typical Buddhist thangkas, going from a basic representation to a full fledged symbolic teaching, with many remaining somewhere in between those two ends.
of course, statuary and paintings put a more tangible object in our perceptions, thus, it is easier for us to see how these things could obfuscate the issue rather than clarifying it. naturally, of course, any mental object can be an obstacle to our progress along the path of awakening.
it is in this sense, in my view, that the prohibitions regarding the use of images and statuary and so forth is speaking. if we take the statue of buddha to be buddha, we create an obstacle to overcome, an idol, if you will, in our mind that replaces the actual object of our consciousness.
Buddhism, in a very real sense, is focused on the actual experience of said object, not in the proper mental formulations and so forth.
metta,
~v