I agree. There already is a replacement for the Bandit in '07... it's called the Bandit 1250.
The B-King looks like it's going to be an awesome bike, once you get used to the looks. If it was "edgey" they were going for, I think they got it.
One major consideration, for me anyway, is price. If I could afford to spend $15K, I'd probably go for the new Concours instead. But I can't, and since my budget keeps me at $8K, it's a simple choice... it's the '07 1250 hands down.
A big part of the Bandit's appeal has always been that it's a lot of motorcycle for not a lot of money, and the '07 model keeps that promise.
But if I ever hit the lotto, a B-King would definitely be sitting in my barn... alongside at least a dozen other motorcycles...