It sound like they may not be familiar with the 2003 specs or that they are trying hard to justify an arbitrary price increase.
The specs for 2003 are available on the internet archive they show the pages from early 2003 when the model being offered was the Green Bean and if you look around you can find the Red bike specs too.
http://www.waybackmachine.org/ is a great source for comparing changes in a site.
I do not see a whole lot of difference outside of the color changes.
tom o.