The overall speed-up factor (calculated from the numbers in the Benchmarks diagram, geomean of factors) is 1.6, which is much less than the factor 4 achieved with PyPy (or the even higher factor claimed by Graal Python). CLI is not very well suited for dynamic languages; as far as I remember the results presented here correspond with Iron Python, which is to be expected based on the proposed concept. EDIT: Yes, indee…
Assuming zero compatibility problems and a simple drop in, I say 1.6 is pretty damn good from the start. Ruby' drop in YJIT barely managed ~20% speed up.
I'd give these guys some more time, it's a long project. They're working hard.