So Honda (might) launch the Rebel 300 in India next year. What are your thoughts?

So, Honda might finally give us the rebel and increase the number of models in the small cruisers by 1. If this comes out, and provided the pricing isn't as atrocious as Honda's historic pricing of their "premium" models, this will compete with the Avenger 220, the Meteor 350, and also the Classic and the Bullet (even though they're not cruisers per se). This will get the same engine as the peppy little CB300R and will possibly have 16" wheels, front and rear. While this is good news, in my opinion, this is too little too late. Also, Honda will probably bring out a couple of 500cc bikes as well (as claimed in the image) and according to Autocar India, the engine on those two bikes will be brand new and not have the same 180° liquid-cooled parallel twin found on the NX500. What do you guys think?