I have a very strong feeling that we won’t see a 7DII.
i agree... i think the 7D line is dead if the 5Dmk3 specs are true. 
Does everyone forget crop factor? The 5D III may be intriguing with its 61pt AF, assuming it has 7fps (if it turns out to be 4.5fps, its a damn shame and a waste of 61 AF points!), but its still full-frame. You lose a LOT of reach with full frame, and that necessitates vastly more expensive lenses to achieve the same reach (sometimes including a TC.) Slapping on a TC often pushes aperture past f/5.6, which then necessitates a 1D series body (which these days is only the 1D IV, which lists $5999.) Thats nothing to say of continuous frames, which at higher MP is going to be limited...with a 600x CF card my 7D pumps out 23-24 continuous frames at 8fps. I'd be surprised to see a higher resolution 22mp sensor achieve the same.
The 5D III is not a slam-dunk replacement for the 7D, especially at a price tag of $3500. Assuming street was as cheap as $3000, the 7D with its cropped sensor, weather sealing, pro-grade qualifications and $1400 street price still sits very pretty in Canon's lineup. When it comes to wildlife and bird photography, I won't be ditching my 7D for a 5D III on March 2nd...I need my reach!
The XXD line in Canon's lineup has never been considered a pro-grade body either. The uber shakeup of Canon's pro line doesn't quite seem to be materializing as some speculated, if the photos of an actual 5D Mark III are indeed real (they certainly look it.) There does not appear to be a merger of the 5D III and 7D II into the 5D X. That makes me skeptical that a 70D would suddenly become a pro-grade body with proper weather sealing, extensive pro features and body buttons, etc.
It's certainly a possibility, but I don't think the 7D is completely dead yet. You have to figure Canon has been working on the 1D X and 5D III for years as well...I'd imagine the 5D III R&D began shortly after the 5D II was released some three years ago. Why would they release the 7D in the interim, only to kill that brand new line of pro-grade bodies off a couple years later?
Elimination of the 7D just doesn't add up entirely yet...not at this stage in Canon's timeline.