I think it will see off the Solo1 and Duo1 clones (assuming the price is around 100 euro's / 100 pounds plus the dreaded).
It's a lower cpu spec than the current gen, but still higher than those older box's and with more ram and flash space than them both too.
So atleast there will be an option to buy a genuine box with support and warranty with a high spec than the gen1 clones.
Ok the Solo2 clones are another matter, but Vu+ seem to be doing an ok job of atleast making people weary of buying a clone solo2 / duo2 atm.