Today I went to the RE showroom and I saw the Standard 500. It looks retro-ish but I wasn't impressed though!
Here are some pics comparing it to the CL500. Excuse the quality, crap phone camera.
Old school speedo console plus amp meter
Air-whatever-thingy box vs the storage box
Carb vs FI
Old school fender
Blackened battery box with RE stickers and fuel tap
Plus it has black clutch and brake levers vs the chrome ones in the CL500 and also has sort of different rear view mirrors! Fuel tank has some pinstripes too.