Thanks for the image. The picture of the "Gakken 1/12 Ride Armor" is not actually a production 1/12 Gakken; it looks like either an early prototype, or another model kit.
A couple of things that do visually appeal to me on the new toynami are the fact that the feet look like they have some articulation, which was a missing feature sorely needed on the Gakken, and that the thigh-armor appears to be in the right proportions in ride-armor mode... Though it will remain to be seen how well the forward ends of the thigh-armor actually anchor to the bike... Also, the proportions of the chest/forward undercarriage, and the detailing of the vertical axle slides look a little dubious to me...
I will definitely pick one up, if only to able to check it out and resell.