I've not used that Live model but I have used the Birddog Maki Ultra (4k) for video relay purposes on a show (wired PoE and NDI) and it had very good low light performance; could recall presets from QLab quite easily and web interface has lots of options. Took a little bit of trial and error to find the best settings. The auto focus was slow which limited zoom usage in this application.
So the questions I would be asking is what have they had to change to reduce the size and get the weight down to 330g while adding a battery? I guess the lens optics are not quite as good as that will save a lot of weight, which may affect low light performance which may not be an issue in your use case.
Also bear in mind you can buy 3 Maki Live cameras for the price of the Maki Ultra, so I would expect anything like the same level of performance. It could certainly be useful in those first person POV actor held camera situations (more convenient form factor than a phone).
Lastly with anything wifi, test throughly in performance conditions. Once an audience arrive with their phones, wifi connection can be difficult; you can ask audience to turn off phones/wifi but they don't always comply. Can help to use 5GHz band with good quality router located close to camera on stage as possible.
Once you have it be good to see some video here to see quality.