When I test the new R1200GS it will have the NC700 engine as a benchmark, its tractable, economical and makes power where I normally ride. If the new LC could have that tractability and bottom end power with the top end power of a 1200, yet still return 65 mpg I would move heaven and earth to own one. It will fall well short, probably giving it all away for a top end 99% of GS owners will never use.
The Honda 700 engine is awesome, the problem is the whole package is a bit bland, if they fitted it into a Africa Twin type package, or the Transalp its appeal will be much greater, especially if the price is kept below £6000 with a range of reasonably priced upgrades you can fit latter to keep the purchase cost low.
Now imagine a Honda 1200cc parallel twin with the same design brief, not having to make it suitable for the new Euro licencing.
Nice.