It looks like it will probably work, but keep in mind following things:
– If you want to control z-wave, enocean or anything else that needs a USB dongle, you will need to have a connector from micro usb to usb.
– The device is very slow, so do not run a lot of PulseStation services on it. The basics should work, just don’t overload it.
– Use the queuing system, commands may not get executed right away, but once the system has resources available
Summary:
It should work, but quite slow, don’t overload it.
I would not buy it myself, but rather a really good raspberry pi (newer model) that is definitely fast and will last for several years.