Compared to a five year old 17"? More like double the power. And unbelievably faster SSD (even if you have an aftermarket SSD on your 17", it will be nowhere near as fast as the ones in current MPBr unless you pay top dollar).
>has a smaller screen
Smaller but hi-dpi, and with far greater color accuracy and brightness. Also, you can hook up an external monitor, apparently lugging 17" beasts around wasn't popular enough to carry the models forward.
>and less I/O functionality
Actually way way more. Less varied ports (basically 2 types: 4 USB-C and 1 headphone), but way way more I/O power and connectivity.
>and would be incompatible with my audio interface unless I daisy-chain multiple adapters to get Firewire.
Or just get a USB-C to Firewire adapter of hub. Daisy chain multiple adapters? Huh?