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Aside from pegs, there's also the seat height which could alleviate a bit of room. I don't know if the standard geometry gap (seat to peg) is larger on the newer ones vs. the older ones. The newer ones have a more upright riding position (upwards and backwards handlebars), but perhaps someone else has the actual gap comparison.
Measured from the center of the seat using the embossed logo as a guide and using the seam aka crotch massager as the reference to actually measure from since it is about in line with the pegs, 23" to the tip of the peg.Contrary to what is advertised, the factory gel seat is not lower, it measures the same but the profile is much different, it is flatter and toward the tank doesn't have the ball catcher.
I take it that the 23 inches of leg room is on the newer Norge? Do you know how it compares with the older Norge?
Yes, new model Norge. You said you have the older Norge to trade in, why not just measure it the way I did and compare?
This site: http://cycle-ergo.com/ will let you compare the difference. Plug in your height and inseam and chose the bikes you want to compare side by side. Very handy site.