Would definitely be interesting, tho may have to wait till F2. Til' now I still haven't really found out exactly how fading works and whether or not it is encoded by a single genetic element or multiple ones, nor have I found out if it is/they're dominant or recessive. So your F1 may not fade, but F2 might, and a fading RT, but with bars would look mighty cool, if the bars are kept. Depending on how the genetics play out, the bars might still remain on top of a pearly red body, which would look awesome.
One thing I notice about the Convict hybrids, is that half way between the lateral line and the dorsal fins, the bars seem to fade quite a bit, as seen in some of the examples in the big example thread. Which is interesting, really, as well, why that section specifically? Would be fun looking into the physiological aspects that causes that, definitely.