I just ordered this one for my Kindle 2! Christmas present from my sister. I just came from her house and she asked me what I wanted for Christmas and we ordered it last night!
Yes, they both will be red!
I'm saving this one for my PRS-900 when it comes out and Oberon makes the covers. I assume that it will be sometime in February. I have to pay for that one myself.
Now I will have 2 Oberon covers for my K2, 1 for my PRS-505, 1 large journal (yes, all 4 are red) and the 5th red one will be for the PRS-900 as soon as Oberon makes them!