You are correct. I bought an '85 new back in '85. $1299. I always liked the '85-'87s the best. I liked the pullback bars and the sidecovers, especially the battery box. On my '04 I replaced the stock sidecovers with the steel black painted ones from BCB. I intended to eventually have them chromed. I butchered that one up pretty good. This one I'm leaving mostly stock. I may even leave the sidestand and clutch safety switches on it. Most of the modifications will be add ons. A backrest and rack, saddlebags, maybe a windshield, and definitely the forward controls kit from BCB. My knees were hurting after 15 miles with the pegs in the stock location. I made my own extension brackets for the '04, and never did get the brake linkage finished. I want this one to be something I can travel on, rather than a custom. For the moment it is just a dark red '16, completely stock, right off the showroom floor. Looks identical to my former '04 when I first bought it. I'll get a picture soon.
I don't know what to call the 2017s. They don't look anything like a Rebel. I think Honda should have come up with a new name, rather than put a classic name on something that doesn't even resemble it's predecessors.