New Foamposite will be coming some time soon as for now we can just speculate on when the release might be (am just going to say All Star weekend). This new Foamposite was spotted on with the man who made them popular Penny Hardaway.
The color look the same as the "Pewter" foamposite that came out a few years ago, it was just announce that the name of this foamposite will be called "Mirrors", the only difference is the shiny coat that is on the sneaker.
As for the price being 275 dollars I think this sneaker is going to sit on shelves for a few months, because that is close too being 300 dollars with tax if you are in the Chicago area. Stay tune for more updated information about about this pair.
Looking into the Nike/Jordan release dates this pair is going to be release around the time of the All-Star game. So except a great amount of hype around this sneaker between now and when this sneaker is once release.