This looks to be about running LoRa like networks on WiFi hardware. Speed on LoRa is not something talked about much as it is more like SMS message passing or the like than IP networking.
Probably why it was taking about IoT use. 500 meters for a couple hundred baud connection doesn't seem too ground breaking. Off the shelf 900mhz radios can easily achieve that
Yeah, the main draw seemed that you don't need a special receiver and that standard networking gear would work, but.....LoRa hardware is not very expensive or complicated.
It’s about WiFi to LoRa interop, which is nice but not world changing.
For smart home applications this could be big. No longer need a hub.
Most Smart Home stuff is either Zigbee, Bluetooth or Wifi.
LoRa stuff is ... hell I can't remember when I've seen that stuff outside of monitoring for remote cabins and the likes.