I also would like to see a "little brother" to the 997, but I doubt we'll here anything about it until they at least get the 997 out the door and squared away.
Any word on the Emo? There's been some fussing about the 997's delays, but the Emo's seen a number of changes in launch date (including some early estimates of a launch in December 2007). Latest I've heard seemed to suggest a spring or summer 2009 release, but I haven't checked out their forum in a while. (Rarely go there, sort of got burned out by the LMC-1.)