I hadn't heard of the TNW, but seeing the photo, I immediately assumed it was a reincarnation of the Just Right Carbine. I had a JRC several years ago, among several other PCC's, and I just wasn't terribly impressed. Maybe interesting that it felt like just that much "more gun" than, say, the Keltec or the Hi Point, but I felt the Ruger PC9/40 was more interesting - I'd have loved a takedown Ruger PC9 Carbine back in those days, less interesting for me today, as I'd much prefer the solid Ruger PCC with the mlok handguard today. Less juvenile delusion about what I'd do with a "backpack gun" in 9mm, I guess.
But I do tend to agree with the general sentiment - for the money, there are more interesting options. I'd be much more likely to buy/build a Glock-arbine or PCC AR over, or again, pick up a solid barrel Ruger PCC.