I really hope that Apple comes to its senses and makes a new SE with Face ID and a full screen. I've always thought that Apple should make any new phone is 3 sizes: the SE size, the X size, and the Plus size, and all three should have the same (or at least similar specs) and similar price.
Apple should stop framing the SE as a "budget" phone. Yes, the original SE was cheap. But if it has all the bells and whistles as its larger cousins, but still in the smaller form factor, its price should increase. I know I'd have no problem shelling out top dollar for a top level phone - so long as it's the right size (SE size that is).
I have the 2016 SE right now and its price had absolutely NOTHING to do with why I purchased it. The ONLY factor of why I bought it over all phones since was its size. To me, it's the perfect size phone for one-handed use.
Apple is a company that makes premium products and if that comes with premium pricing, so be it. If someone wants a cheaper iPhone, look at used models or older models.