The low modulus carbon Emonda seems to be a bit contrary to its branding which is an uber light climbing bike with featherweight frameset with high modulus carbon lay up and big price tag. So if you strip off the heavy wheels and low end groupset, perhaps the low cost and low module carbon Emonda will still be lighter...or perhaps as light as say any pedigreed high end high modulus carbon frameset. No doubt the weight numbers will emerge.
The technical bar continues to move up. The Emonda is an interesting foray into the uber light world but the lower level may be a great value for somebody who wants a competitive racing frame at a reason cost. Generally lower modulus frames have a bit of a weight penalty and/or lack perhaps a bit of stiffness.
Time will tell if the weight minimum of 15 lbs changes in pro racing as lighter and strong bike components continue to emerge.