Yeah, I guess it looks that way. I wans't quite accurate when I said "almost perfect" as perfect would be the Kestrel at 39.7 and the Cinelli M has a reach of 38.7. Not quite "almost perfect" but 1cm aint bad. What really bothers me about the Cinelli M is the "Actual Seat-tube," if you will, which is 57.2cm for a size M. Kestrel is 54.

What I am noticing about most of these modern bikes is that they all have rather long AST's and shorter Reaches. I had a 2010 Giant TCR SL 0 in size M which fit me OK. It has very similar geometry to the new TCR SL and this Cinelli. It would be nice if I could try the Cinelli but things are looking more towards the Foil or TCR as local dealers have them in stock.