Given that Tango fares can now be had worldwide and the price differentials to T+, I'm not surprised they are rebranding T+. It's a pretty hard sell to get people to pay $500 more for full 100% status-miles + a lottery entry.
Hopefully they make some changes to the bucket to make it reflect it's new names; as right now, T+ fares are anything but flexible. While full flexibility obviously won't happen (that's what Latitude is for), small things like free same-day changes or more liberal stopover rules (on TATL/TPAC fares) would be welcome.