Depending on availability (This IS Bandai after all) and price, if it's expensive enough, I'd cancel my VF-0S and VF-4G pre-orders for it. The last remaining thing I'm waiting on other than the two aforementioned things, is fighter mode. If it sucks, Bandai can kiss my balls. But if it's great, then there isn't much I wouldn't do to make sure I have this.
As far as gimmicks are concerned, I'd gladly trade the visor light for a lit up instrument panel.