All you guys who are saying that Canon could release a body with these specs forget what just happened with the 5D. This forum almost ripped itself apart when we found out what the new 5D offered and how much they wanted for it. Nothing wrong with dreaming, just don't get your hopes up.
Key difference #1: 5DIII is targeted at a very specific professional audience (wedding and event photographers). Most of the complaining on the forum is from people who don't fit that niche and thought they were going to get a mass market camera at a bargain price. 7D is marketed to a much broader and more diverse audience. Canon focuses on its markets and makes cameras that will sell to their target audience;
Key difference #2: Price competition is much more important at the 7D level. More competition, less brand loyalty, less investment in the system;
Key difference #3: 5DII was very dated in some areas (autofocus). Professionals who rely on a 5D could not afford to skip a generation and wait for the 5DIV. 7D is much less dated (still the best APS-C camera made three years into its life). Only minor upgrades are needed. It will be much easier for 7D owners to skip a generation if the next model isn't to their liking.
Key difference #4 (an offshoot of above): The DSLR market has matured and will not grow anywhere near the pace it has grown in the past decade. Manufacturers must shift from concentrating on adding new customers to enticing existing customers to upgrade. Given the high customer satisfaction with the current 7D they have a challenge ahead of themselves to come up with something that will cause current owners to upgrade.
Key difference #5 (also related to 3&4): Upgraders fall into two main categories. The potential 60D user who wants something a bit more robust than the Rebel line but is unlikely to ever buy an "L" lens. These are customers satisfied with a good quality camera that they can use for stills and video and maybe a couple of lenses. Category two are the folks who have decided to get into photography in a big way and have a reasonable amount of disposable income to do so (the classic "enthusiast" or "prosumer.") These are folks who shoot at a high skill level, are prepared to invest in equipment but have no interest or desire to spend $3,000 on a camera. Second category also includes those who practice photography as an offshoot of another hobby (birders, for example).
Key difference #6: The demise of APS-H gives Canon an opportunity to greatly expand the 7D pool at little cost and with small changes. (Comparable sensor quality, modest improvements in build and autofocus). I'm still thinking we could see a 7Dx offered as an option with an integrated grip and other professional features.
In short, Canon is under much more pressure to deliver a 7D II at reasonable cost and their path is much more clear given that the camera doesn't need to be anywhere near as great of an upgrade as the 5DIII was to the 5DII.
And, I promise this. If they don't deliver, I won't be threatening to leave Canon or complaining about how they don't know what they are doing, or how the 7DII is just crap compared to the Nikon. Instead, I'll just keep on using my 7D, maybe buy a second body, and wait for the next generation.