Not a bad thing honestly, whats nice about high frequencies is lower penetration. More access points, lower power, overall better signal and less interference. Line-of-sight microwave for covering distance.
I am interested in knowing what's the bandwidth to transmission power ratio of the device. If it's low enough, it would be revolutionary for IoT devices.
That's pretty good given (as far as I know) the main use case for HaLow is for low bandwidth, very low power use cases, like for IoT devices and other things you'd use Zigbee or Z-wave for today, including devices that run for years off a single button cell battery