Not much to say about this one, it is a strictly (much) better Cloak. Both cost 1 credit, take up 1 MU and are 2 influence out of faction. However, this covers all your program needs, not just icebreakers, such as using SMC or Misdirection.
On top of that, it ALSO pays for using hardware, most notably the newly spoiled Mu Safecracker for the stealth archetype and Rubicon Switch for credit denial decks. Maybe we could see a criminal deck that does both? How is our boy Az doing?
So yeah, definitely a very welcome card with the rotation of Cloak, and one I look forward to using in Smoke.