Whether it's good depends on what you're doing. UKL will[1] allow you to link a regular server application to Linux and then run that single binary on baremetal or in a hypervisor, and give you a decent performance boost over running the application on top of a normal kernel. How much of a performance boost depends a great deal on the program, almost everything will be a few percent faster, and some applications a lot more.

[1] I'm using the future tense here because although we do run real programs with it today there's still a bunch of development work to do before it works smoothly. The code is: https://github.com/unikernelLinux