It’s not a bad choice for a frosted optic. But the ZL SC700d uses a clear lens, and from some of the beam shots given elsewhere, it seems to have more throw than I expected.
Frosted lenses are fine for headlamps, but not really that practical in hand-held lights, IMO. But, sure, if Zebralight offers a frosted SC700, and they likely will, it might make a good choice. Then again, with a frosted lens, domed Cree emitters look pretty good anyway, since the tint-shift is mostly blurred away.