That was more or less what we concluded when we were discussing the aircraft operating in SA at the time.
It's consistent with range still being in the Top 4 EV issues when loaded and operating at highway speeds and in country areas.
For RA airctraft training I would still look at a 70 kts product, so dramatically less hp consumed per circuit, and legal for 500 foot circuits, so less full power climb, less distance per circuit, more training circuits per hour.
Those two things mean lower up front cost as well for the airctraft.
Sure, it's not going to be used for cross country training, and qualified students are not going to be hiring it for trips away, but from my experience people who want to do that move almost immediately to something like an Arrow anyway, so it will cost them less to do the cross country training in GA.