Really? I don't see a new TR cutting into BMW's niche with the Z4. One of the things I hated about the Z4 when it came out was that it cost so much more than the Z3, so alot of the enthusiasts that could just make it into a Z3 didn't have a prayer of getting into the new car. The proposed new TR would be significantly below the Z4 in price, competing more with the miata in the mid to high 20 thousand dollar range. The 05 Miata starts at $22,600, and the current Z4 at $34,300, so there's quite a bit of room in there to play around. And honestly, if you've got 25 grand in your pocket and you're hot for a new convertible 2 seat sports car, really, what are your choices? The Miata is close to being the only game in town. Sure, there's the Mustang convertible, but it's not a sports car. The Honda S2000 is nice, but it's in the same price class as the BMW, and Toyota is killing off the MR spyder after this year. There's the Mitsu Eclipse spyder, but again, it's not a 2 seater. I think if BMW was smart, they could make it work. Everything else is well into the $30K range. Granted, I don't think they'd be able to build a car as bulletproof as the Miata though, but it would be really cool to see a new TR roaming the streets.