Is the 50K a waste? seems to be the basis of this article.
Well if one takes the view that having disposible income, and not spending it on things that 'better the world' in general is bad, then the article is on point.
This of course opens the debate that if one has ANY excess income that it should be put to some worthy use or you are in the morally 'bad' zone. There are entire philosophies devoted to that sort of debate, and not a few political systems also.
On the other side of things, one could take the attitude it's her cash to do with as she wanted. She loved the lost pet, and has decided to see if she can get the right combination of genetics and environment to get one that is like it. Good luck to her. If she riased the first one, odds are she'll have a decent shot.
Perhaps more importantly, this seeming luxury spending on a trivial thing, advances the science behind the proceedure. Things will be learned, and we'll get better at a process that in the long run will probably aid in extending human longevity, and providing bio-stock for genetic proceedures and curing of genetic based issues. It is often the wealthy that give important science and technology the leg up they need to grow and become widely usefull to the many with thier luxury spending. I feel this is one such case.
And yes, the long term implications of this science is the 'replacement' of a lost child, that died or was killed at a young age. If you want moral arguments, try the ones that surround that on for size. They will be big ones. Human cloaning is not an 'if' it's a when. And while many nations will ban it, not all will, and we all know how well bans that are not global work out..... everyone ends up playing to stay even. Especially when money is there to be made. And it will be.
Myriads