For this extremly long time waiting, my expectations are very high now.
The 7D replacement should be a real improvement, even better than the D7100, that was released more than a year ago.
If it will just be a 7D with flipscreen, touchscreen, wifi and dualpixels and the overall image quality and high ISO performace will be about same as the old one or only marginally improved. That would be my last disappointment with canon.
You can get that now with the 70D...of which I was disappointed in. The best feature they added was AFMA adjustment and that was something to be excited about for those coming in from a 60D or T series.
The 7DII will likely have a LOT of video features that will drive the price up. I'm sure one thing we can ALL agree on is that we will be disappointed with the price they set as is with all of their new products.