GlassUp lacks a fair amount of fundamentals that are going to hurt.
1) The green text in the middle of the eye is fairly annoying (at least I think it would be)
2) GlassUp seems to not be very well balanced
3) The inability to send data isn't very promising
4) Google has the best maps/navigation thus far, so it seems the GlassUp would be at a disadvantage (then again for the price who knows, it might be worth it).
5) A lot more intrusive that Google Glass