This character is essentially still Bluestreak, only with a different name. The colors are a reference to his original Diaclone colors as the “No. 7 Fairlady Z” from back in the day.
The figure is a redeco of Earthrise Bluestreak. This color scheme is also often used as his “Shattered Glass” universe variant in some cases.
Silverstreak still comes with his iconic shoulder cannons.
He also comes with his Dispenser Rifle, capable of firing an 80,000-volt beam at his opponents.
Weapons can be mounted on the vehicle mode.
Overall, not bad. I really like the colors of this guy compared to his mainstream colors, but I guess Hasbro wanted gray and red for contrast against his moldmate Smokescreen. Another one down for completing the original “Diaclone Era” homage figures, only a less than handful left to go.