I think there is at least some potential for this pistol, depending on what the actual street price is. Also remember Kahr has come out with more basic versions of their pricey guns that almost seem like decent deals.
I have sometimes thought a .380 based on the PM9 would work. It fits in a front pocket, and the .380 does not have the recoil and quick slide action that makes designing a pocket 9mm such a challenge, and which, I felt , made my PM9 finicky about the ammo it would feed. I note that Kahr has added to the challenge by shortening the barrel to 2.5 inches. I would have left it at 3 inches like the PM9, making a pistol that size run would be much easier.
I could handle my P3AT and so am not worried about the Ruger LCP's recoil, but the Kahr .380 would still be more comfortable and easier to shoot. And the greater weight and grip size might cut the risk of limp-wristing.
My Kel-tecs were all garbage and I wouldn't consider them competition for the Kahr. The Ruger LCP, if it works, I'm betting once the dust settles it will be $150 less than the Kahr and will likely be the winner here. The LCP is the one I'm waiting on.
Also lately, it seems, Kahr's reputation for quality, while not as poor as Kel-tec's, has been taking some hits. As someone commented here awhile ago: "Taurus quality at SIG prices." I thought mine were a bit finer than that, but still not great considering their price.