Industry Insider - Ninja News
Looks like this is a reality. This is released in Canada for 2011. Canadian Kawasaki Motors has priced the 2011 Ninja 400R at CA$7,499 (US$7,240), less expensive than the 650R (CA$8,699/US$8400), and with an engine displacement under 400cc, insurance would be much less in some provinces as well...