The new board makes more sense than the original X570I Aorus (equivalent VRM to the B550I, smaller BIOS chip, fan on VRM, higher price, older memory topology), since it's clearly got a different VRM. And probably some form of 2.5Gbe Realtek or Intel to replace the original 1Gbe Intel LAN.
X570I Aorus: 6+2 TDA21472
B550I Aorus AX: 6+2 ISL99390
X570SI Aorus: 8+2 ????
But I have to wonder who exactly would want to buy this. The B550 board is one of the best price-performance AM4 ITX boards, and this board does basically nothing extra except for the VRM, which was already good enough for anything. The original X570I was a $50+ CAD markup over the B550I, this X570SI probably even more expensive judging from the design differences.
And the z-height of the M.2 heatsink, yikes. Gigabyte's idiotic solid chunk of metal (not the actual M.2 heatsink that suffocating underneath) on the Z490I Ultra and B550I Aorus AX is literally the first thing to come off the board, as soon as owners realize it hampers thermals / needs to come off to fit their downdraft coolers (e.g. Blackridge). Looks like this one can't/shouldn't even be removed, to give the X570 PCH the heatsink it needs, so why get this over the B550 where you can simply remove the clearance issue with two screws and still not lose any M.2 thermal performance?