The press release says this about the new plane. Price is low enough to tempt this student pilot! 
"An introductory price of $109,500 will hold for the first 1,000 orders and then increase to $111,500.
The SkyCatcher features an exclusive Garmin glass cockpit – the G300 – and a Teledyne Continental O-200D 100-horsepower engine designed specifically for LSA. The aircraft will cruise at speeds up to 118 knots and will have a maximum range of 470 nautical miles. It will be capable of Visual Flight Rules/Day/Night operations.
The aircraft has a maximum gross weight of 1,320 pounds, a service ceiling of 15,500 feet, a useful load of 490 pounds and a usable fuel load of 24 gallons. Its cabin width at shoulder height is 44.25 inches, and two cabin entry doors and forward pivoting seats give access to a 12.5 cubic-foot baggage compartment. The SkyCatcher has tricycle landing gear with a castering nose wheel and standard dual toe-actuated disc brakes.
The aluminum aircraft will meet ASTM standard F2245 for light sport aircraft. First flight of the prototype SkyCatcher is set for the first half of 2008 and deliveries are expected to begin in 2009. Cessna expects to produce up to 700 a year at full-rate production."