Triumph has plans to bring out a cruiser/tourer in the next year or so to bridge the gap between the America/Speedmaster (865cc) and the Rocket III (2300cc). Supposedly, it will be a vertical triple in the 1400-1800cc range. This would probably also mean the demise of the existing America/Speedmaster.
Only a guess, but I would think they're working on an engine based on the classic twin engine, which currently powers the Bonnie/America/Speedmaster/Thruxton/Scrambler(with a different crank)
I heard a rumor that they were trying to resurrect the 'Hurricane' name for this bike, and were discussing the use of the name with Honda.