Yes, Trumpeter is going to release a 1/350 model of HMS Repulse, in her fitout just before being sunk along with the Prince of Wales. The model has been available for pre-ordering for a couple months now (you get a cheaper price!) at Hobbylinc, Tower Hobbies, and others, and is supposed to be released in June. If it is as good as the HMS Hood released a couple years ago, it should make a fine addition to any collection...
HMS Repulse has been one of my favorite ships for a very long time, so of course I jumped on board as soon as I heard the news! It's funny, because one of the greatest 'coulda-beens' would have been a matchup between Prince of Wales and Repulse (Force Z), against first a bunch of Japanese heavy cruisers in a possible night attack (the whole Mogami class, which could well have sunk them both with torpedoes), and then against Kongo, Haruna, and Atago, Takao and Chokai in a day battle, if the Brits managed to avoid the Mogamis! Of course, both POW and Repulse were in fact sunk by aircraft, as there was essentially no air cover available to defend them (criminal negligence!), though both ships went down hard (HMS Repulse took ten torpedoes and a 550Lbs bomb before sinking).
The loss of HMS Repulse and HMS Prince of Wales has been long-touted as a classic example of the 'obsolesence' of battleships once suitable attack aircraft had been developed, but of course, it really shows more graphically that such ships simply needed to be suitably protected against unopposed air attack in order to survive (there should have been a British aircraft carrier, HMS Indomitable, in the neighborhood that could have given them cover, but it was damaged in a grounding in Jamaica, and not repaired in time to join Force Z). The fact that Force Z was able to 'swan about' in a South China Sea crawling with Japanese ships, submarines and aircraft for a couple days is surprising enough, but it was no surprise that they were sunk when the time came (pretty much a suicide mission comparable to that of Yamato several years later)........