I saw that this morning too.
I'm curious to see how they envision it best used. I wonder if it's optomized to work with a Lilo as a kind of "in line" mixer expansion pack, in conjunction with their dual input/dual group function. Placed in line from various sources to the B input of the Lilo, you'd gain individual fader control over all the B group inputs, expanding the flexibilty of the entire system; essentially putting a fader on all 32 input channels of a physical 16 channel board.
Err...sounds confusing, but that would make sense.
I don't see it pairing so usefully with their existing line level mixer. It would be an expensive way of adding linear faders, and just more circuitry for your signal to pass through.
EDIT: combined with some of their individual EQ and pre modules (or any line in/out units frankly), you could have a super cool, ultra minimal mixer.
Maybe it's just that simple. Forget my Lilo overthinking.
EDIT EDIT: as an owner of their long-discontinued 16 channel semi-parametric EQ, this would be a BRILLIANT mate for that!