I hadn't considered the removal of the esc key from a vi/emacs perspective. Is this something that can be lived with?
Not sure about emacs (I use spacemacs). Does esc come in for more than just cancelling commands? If you don't need to use your caps lock for ctrl for emacs, the same remap to esc would work as well.
Anyway, basically boils down to two things: 1) the touch bar escape is fine for occasional use but I wouldn't want to use it frequently and 2) that isn't a problem if you don't mind remapping caps lock and have nothing more important to do with it.