Okay, here's the info that I was searching around for:
A couple of print mags recently published that MV had a middleweight triple in the works. I immediately thought of it as a typo ("They've must of meant Triumph right?"), but concept pictures seem to prove otherwise.
It looks like Castiglioni's old company is utilizing some of that new Harley-Davidson money to produce new engine designs and thus open up their market. Good job!
The 675cc triple catagory, once dominated by Triumph is getting some attention from BMW and Benelli as well perhaps now that the 675 is World Supersport legal. Having the Daytona 675 be the brand's best-seller in 2008 probably attracted a small bit of attention too.
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