He should be a great choice if you are a player that like to dodge a lot. KC charges energy really fast, while CC has very low cooldown. I still think it's a slightly worse moveset than C/DP, but by the looks of it, I think it should end up as the 2nd or 3rd best moveset for Machamp, possibly tied with KC/Submission. I haven't tested KC after the update but I'll give my 1674cp KC/S Machamp a try this afternoon.
Personally I would wait until I evolve C/DP (I got dual steel moves on two 98% Machops I evolved this weekend), but if Machop is rare for you or the level/IVs on your KC/CC is great, I'd take him to 30.