Like most concepts, this is not the final version. But Louisville assembly plant does have contracts through 2010 for the current Explorer. But looking at Ford's history with concept vehicles VS production models, this probably isnt far off from the next Explorer. The name in and of itself carries a lot of weight. Look at the Five Hundred/Taurus naming situation. If Alan Mullany is on the same track, the Explorer name is to stay, but probably not the vehicle as we all know it. Knowing from my sources with the suppliers with the explorer, it will be a modified Flex/MKT platform. meaning FWD with AWD as option. It will probably be the next vehicle to receive Ford's next gen EcoBoost 3.6 V6. At least the Explorer will be available with a turbo now, heh.
As far as the styling, from the side profile, it doesn't look all that bad. It takes the Basic Explorer styling theme and make it more attractive. For the front fascia, expect a modified three bar grille them, but more angular than current design. Wouldnt surprise me if Ford creates a new word for it, like Squircles (see ford fusion, thats what they call the headlights, i swear)
I hate to admit it like everyone else here, but unfortunately the Explorer has lived on as long as it could before this would happen. Sad day for us all.
BTW, there's always the option of a hunger strike in front of Ford HQ chained to our swapped axles....