At first look, my feeling was the same. This lens would complement Sigma's 10-18mm and 18-50mm very nicely. But it seems to be too large. I would actually expect (or, perhaps hope) that Sigma would come out with something more like a 50-115mm F2.8 that is more compact.
When I look at the table in the article it lests the lens length as:
176.15 (W) and 236.15(T)
I'm assuming these are in mm. When I look at the spects for the RF 70-200 F2.8 (non-Z) & F4 it lists the lens length as:
F4 : 119 (W) and 181(T) (
https://www.the-digital-picture.com/Reviews/Lens-Specifications.aspx?Lens=1529)
F2.8 : 146 (W) and 212(T) (
https://www.the-digital-picture.com/Reviews/Lens-Specifications.aspx?Lens=1417)
Which suggests that the 50-150mm would be longer than both of the current RF L non-z 70-200mm. Am I missing something? Is it just the diameter and weight improvements? Lower price? More versatile focal length range? It really doesn't seem to complete the "non-L f/2.8 trinity".