Have been very tempted by that offer myself, especially when you add the Kashima 32's for £1550.
Yes, the frame and forks deal does look even better as long as you don't mind CTD. Simon at LoCo (and no doubt others) can upgrade the damper to the 2014 tune for you as well. Personally I hated the one and only (admittedly Evolution) CTD fork that I've ridden so much that I went for an older 2012 RLC fork instead.
Problem I've got is that I fancied a go on a 29er as my friends ride them and I've seen the benifits but I can't help but think the size of the wheels will cheese me off in the end and I'd miss the benifits of 26"
I guess I have the advantage of already owning a 29er, so I've been cheesed off already I think 650b maybe makes sense if you are going for the elusive "one bike to rule them all". I prefer having a couple of bikes to cover different situations though and I want them to be different enough to make that worthwhile. So, the Five is (for me) the play bike. Speed is irrelevant (I'll take the FF29 if I care about speed) I just want it to be as fun and playful as possible. I'm sure the new bike is great though, as was the Gyro that I had on demo (apart from those awful forks).