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This would not be the replacement for the S2000 but an all new model that would compete with the Miata. So it would be quite a bit cheaper than the S2000. As you can see it would have a folding hard top. It would be almost exactly the same size as the Mazda, but the wheelbase is about 2.5 inches longer.
6 speed auto and manual would be offered and the engine could reach up to 200hp.
[Source: The Hollywood Extra]
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http://thehollywoodextra.blogspot.com/2007/03/new-honda-convertible.html#comments