In practice, this means saner defaults (and better performance) than past C-like HDLs. Cx is cycle-accurate because this is how digital hardware works, and within a cycle you can have as many instructions as you want. There is no need for Handel-C's "par" statement, and it is much easier to understand and write code with good performance. In Cx, ports (Handel-C channels) can be "bare metal" so you can interact with the rest of the world, or slightly more sophisticated (with an additional synchronization signal). In general Cx is "fat free", what you type is what you get, so I'm pretty confident that logic consumption would remain under control :-) I've never written Handel-C, but from the manual it seems kind of complicated for even the simplest designs, and not very elegant.
I think most alternative HDLs have been abandoned :-/ Often the technology did not meet users' expectations: logic consumption was too high, and it was very difficult to obtain the desired performance. Additionally, I believe that these initiatives weren't targeted at the right public, and the target market itself was way too small. If you're interested, I've written a post about this on our blog: https://blog.synflow.com/marketing-disruptive-innovation/