We can't really have informed thoughts on a product that we know nothing about. Apple hasn't verified or confirmed anything about it. I'm sure we will have more to say about it when more is known for sure.
With regards to the name, I'm happy with that. Wouldn't mind it being called 'iPhone AE' for Anniversary Edition as well.
At the moment things are extremely quite when it comes to specs and leaked photos so cant really have any opinion on the device just yet. Maybe around June \ July things can start to leak. The above photo just looks like a iPhone 5s merged with the iPhone 7 Plus. (it looks fine though)