060 Reginald

Reginald is a punk rocker.

His figure exists only in the G1 (armless) phase.  He is one of two G1 punks with spiked hair.  The other is Eddie.  Reginald has more hair than Eddie, and it is spiked higher.  He also has "Oi!" written on his shirt.  "Oi!" is a punk expression and also a British punk rock subgenre.  It usually relates to early UK punk bands like The Ramones, The Clash, and The Sex Pistols. 
 
When Eddie was redesigned in the G2 and G3 phases, he was given hair that looks like Reginald's original hair.  Reginald, by name, was never re-released.  Basically the G2/G3 Eddie looks more like the "evolution" of Reginald than Eddie.  It looks like X-Concepts had a little mix up.  Just sayin'.

Anyway, I don't think the name relates to anyone in particular.  However, it might be interesting to point out a few dudes named Reginald who became entertainers (and picked much better names for themselves).

--Elton John's real name is Reginald Kenneth Dwight.
--Fieldy, the bassist for Korn, is named Reginald Arvizu.
--The rapper we know as Redman is known to his mama as Reginald Noble.

There is also the Kansas City alternative rock band called Reggie and the Full Effect.  This is the pet project of James Dewees, the keyboardist for The Get Up Kids, in addition to a bunch of other bands.