Who knows anything about this gun? My understanding is it's chambered for 2 3/4" shells, and that Remington has somehow solved the cycling problems the 1100 sometimes had. It doesn't seem to be on Remington's web site.
The new Remington 1100 Competition will be released in Spring 2006:
As for "cycling problems", I own two current production target grade Remington 1100s. Neither gun has ever had any cycling problems, and my 1100 Sporting 12 is approaching two years old and 10,000 rounds.
Some folks may not realize that since Remington began re-introducing target grade 1100s about 8-10 years ago, they have all been 2 3/4" guns with enlarged gas ports to cycle the lightest of target loads. In fact, Remington's FAQ section recommends using loads below 1255 fps. I use Winchester AA, 1 1/8 oz, 2 3/4 dram, 1145 fps loads almost exclusively in both of my 1100s.
The new 1100 Competition uses a Teflon/Nickel coating on some internal parts to further aid in smoothness and perhaps durability, but I think a 40 year history of competitive shooting favors the original 1100 design. Remington is only introducing the 1100 Competition to have a gun to market against other deluxe grade semi-autos like the Beretta 391 Teknys, and the Browning Gold Golden Clays. In all cases, I think the basic target grade guns offer a much greater value.