I'd agree that the specs is probably not for a top of the line synth, but this device is not meant to be if it's real... it's no doubt another synth in the rocket/streichfett/2-pole line as the design clearly show... and that means CHEAP! ... and if this thing will be in the same league pricewise, then it's a steal! ... and a serious contender to the KORG Volca Sample.
Besides, I doubt that all specs are shown... it looks as if in a very early stage of design, and I would not be surprised, if this thing is only demo'd or disclosed on NAMM 2016... we all know Waldorf and their "timing".
The thing I'm mostly interrested in, is knowing if this thing will be polyphonic, samplewise... routed thru the one multimode filter... if it's not polyphonic it will loose my interrest probably, since I allready have my V-Synth GT ... but still... the huge 128GB flash storage space is tempting... VERY tempting! ... I may actualy get one for the simple fact that it could be used as a machine for firing off FX samples, loops, singleshot samples in general... all in all it would be a really handy little tool as long as the 128GB flash is for real.
Another important spec is if it's stereo-capable... but I doubt it... since that would require two multimode filters... but who knows...