I guess there's no point in having someone like Patrick Eggle on board if you're just going to do reissues, although that then raises the question of why use the Shergold brand at all.
Although they do a Masquerader skinny stringer that's aesthetically broadly similar to an old Shergold design, albeit with very different electronics, so maybe a bass based on the old designs however loosely, isn't out of the question.
For what it's worth I like the look of the current range, both guitars and basses, but I understand why others are disappointed that the brand's back catalogue is being largely ignored.