No, never. To me it's almost selfish to say you'd go to such an extreme and spend that kind of money just so you could have a pet that looks like another one. What I would do is go down to my local shelter and spend $200 and take my choice of pet. Then I would donate the remaining $49,800 to help keep a couple extra pets alive out of the million of pets that are killed each year because there aren't enough homes. Getting a pet based on looks alone is a bad idea all around.
If you're looking for the same pet personality wise this isn't going to happen. Unless you are the exact same person you were 15 plus years ago, live in the same place and expose the pet to the same stimuli in the exact same way and order you did the other pet. Even then this pet still might not react the same way.
Maybe I'm different, but it's because I view pets as family is another reason I wouldn't even think about cloning. I love my grandma but I don't want to clone and raise her from a baby on. I love my 13 year old dog and there will never be another one like her. Looks just aren't important enough to me to want to clone her. After she's gone, when it's time I will find (or they will find me is how it always goes) a new and different pet to make years of memories with that I'll cherish.