Meh. It's going to confuse people. "Is this game out for Scorpio or One?"
I hope that's not a marketing slogan they're going for. It's been proven in numerous console cycles that the most powerful console is not a persuasive crutch to get people to buy your system especially if the price is really high. If it's a rumored $500 system that is basically a gaming PC that plays Xbox One games, I think they're going to be disappointed in the reception.
The name could be too confusing for the masses.
For example, PS4 and PS4 Pro make sense and tell me both systems run the same games. I don't know what this is just by hearing the name. Scorpio is okay for a project code name, but wtf does it mean for branding a product?