Yeah! I saw that last year on the KTM 'preview' list. Early reports say that it isn't too bad and the fact that it is built in India may not be a strike against it.
I somehow doubt that it will ever be imported into North America, never mind Canukland. I suppose with the popularity of Honda 125's and 250's though... you can never tell for sure...

It would make the ideal commuter bike for many. I imagine if I got my hands on one, my license would be gone in a month though...
(I don't think the mirrors are supposed to be THAT big though

)