KnCMiner Updates Titan Spec, Promises 250MH/s

[sgk]

KnCMiner has bumped up the specification of its upcoming Titan scrypt miner. The Swedish mining rig manufacturer now claims its Titan model will deliver at least 250MH/s.
It’s an unexpected announcement, given the fact that the Titan was announced just a week ago and that the original spec promised a 100MH/s device.

The company says it will not be increasing the price, which stands at $9,995.

http://www.coindesk.com/kncminer-updates-titan-spec-promises-250mhs/

[sgk]

I wonder what would happen to small-time scrypt miners (with 2 to 5 Megahash/sec hashrate using Gridseed or similar hardware) when this comes out. I'm not too worried about GPU miners since they'll divert to GPU-only coins. But ASIC profitability for small miners will bite dust. Suddenly, the most profitable scrypt ASIC on market (Gridseed) has started to look out-of-date already.