But what's special about it? There's nothing new - it's a 6S inside a 5S body.
SE is just plain misleading.
Special Edition suggests something exclusive that isn't available on any other model.
The SE isn't even a fully featured 6S - no 3D touch.
You are being forcefully dumb on this one, it's all very clear.
Apple had no intention whatsoever to continue making 4 inches phone but the market told them they were not ready to leave that form factor in the past so hereby the birth of iPhone (5S) Special Edition, the phone you know and love that get on with the times and that will be supported further in the future.
Make no mistake unless the sales of thing are spectacular you won't see an SE2 and even if it will be a blockbuster it won't have the design of the 5S but a brand new one and therefore there will not be any reason to be called SE anymore.
---
To be honest the naming scheme doesn't irk me too much nor it sounds completely off (MacBook Air and iPad Mini 2 are pretty much legacy devices) but the problem that emerged at this event is the not clear flagship in the iPad department, the 9,7 Pro has new screen technology a better camera and flash but the SoC is inferior because it lacks the 4GB of ram that helps with the "Pro" stuff that the device has to do. If i want to buy the best of the best iPad has to offer i would not know what to choose between the smaller or bigger one.
There's also doubts if the Air and the Pro will run on different binaries for the time being or one is a straight replacement of the other. There will be a consumer version (Air?) and a Pro version of the same size iPad in the future?