Yes , by the only way that we can see this news , is only the estimation side .
The product is hot ( Fresh) and still its not properly presented .
My estimations is that the price would be half than the FL-40 , lets not forget that it is a full TTL flash , but with not the programmable extras ,or the power of the FL-40 .
I do not also forget , that there is nothing with the Olympus logo on it, that comes cheap !!
From the size of it , i think that it needs only 2 NiMh batteries ,and the 8- 10 meters distance looks good for this size of flash .
As about compatibility , i do not have any doubt ,that this flash it will work with the most digital models .
C2100 C700 C720 C730 C740 C750 E100RS E10 E20
I would expect to see also one more light design of the Olympus flash bracket , but hey , this is the last thing that it will bother me .