The hardware is pretty impressive and could be quite amazing if coupled with the right music creation software, but the big question is whether or not Sony has the appetite to open up this platform to developers in the same way as Apple and Google have done.
My personal view is that if they did and if the terms and tools were workable it could compete, but of course it would be up to developers to work out if it was viable for them and their existing code.
What do you think?