you've certainly got your ear to the ground Ivan haven't you. i remember going into the shop and picking the Bug airfix kit when they first came out and yes i do still have that very bug kit completed of course.
There were rumours some years ago it was going to be released. I wanted one but refused to pay £350 for one on E bay- i didn't even pay that for a Bandai bond bug and they are far far rarer. No news from airfix re launch.