Looks nice. I'm amazed they've made it so much lighter than the Scout, which already seems super light to me.
My wife dives a Scout cold water with 16lbs of weight, and it works well for her. Travel weight has never been a problem for her: we went to the Galapagos with full kit AND clothing in the dive bag, and never blew any airline weight limits.
If ultimate lightness is not an issue, you might look at the Scout as well. The Scout's 24lbs of lift are a good match for 16lbs of weight capacity. The Scout's weight pocket position keeps the front cleaner.
32lbs of lift in the Covert seems a bit much for its presumed purpose of being a (warm water?) travel BC. Also, the tank straps seems to be a place where they compromised a lot on the Covert. The Scout's double straps with cam buckles are bomb-proof and never slip.