Cervelo has an interesting product positioning conundrum... Most of the major players in the market have a single core TT frame design that spans their full product line. The differentiators as the products move up-line are carbon grade and component groups. There are a few exceptions (e.g. Felt B) that have a 2nd frame at a value price point. By default, the P2/P3 is Cervelo's value bike, but it is priced like the higher tier bikes of its competitors. It would be freaking awesome if Cervelo took its P5 core frame design and brought it down to the $3K price point. They would DOMINATE the market with that tactic.

I just sent an email asking if the plan was still in place. Though, I won't leak the answer I receive. It's for them to release the info in due time.

The new Calpac is exactly what it looks like. Similar to other hard shell offerings, and well made. Seems to be very functional. Looking at the pick, you can also see they did away with the plastic "tower" on the undercarriage the rear brake cable used to run through.