It is very easy to produce a camera worse than 5DII.
1. They can use a 600-like body
2. They can omit Lens Micro Adjustment
3. They can put a worse viewfinder
Even the use of an SD card although of course NOT WORSE by itself may mean that many CF users who have put a lot of money to buy very good CF cards will have to buy again cards...
I think more likely a
1. similar sensor as mkII
2. 7d-like body
3. digit 5 (not 5+)
4. similar to 7d AF
5. slow burst - same MP or 5-6 fps and fewer MP
Really???
You just described a much much better 5DmkII !!!
Same sensor, similar body, better electronics (Digic 5), better autofocus...
This is the camera between 5DII and 5DIII not an entry level...
I want one 
What seems ridiculous to me is that the 5D2 was released 3+ years ago, you don't think with thousands and thousands of them on the streets that the cost of manufacturing can't be reduced to say 1,500? Who cares if it used to cost 10 thousand dollars eventually things become cheaper. If you could show me that there were not newer better camera's coming out anytime soon, how can I as a 450D user justify 2,000 on a nearly 4 year old body.
As others have said this could make FF reasonable starter camera
60D Body
7D Autofocus
6FPS
no LCD on top
no weather proofing
No video (i personally never take video)
So put this camera where the 7D use to be at 1500, now when the 5DX comes slot that at like 2500 and then drop the 5D2 completely or price ijt at like 1200