Hi-oh base stats nerfed
...so he’s likely right around the corner.
stamina: 193.
attack: 239.
defense: 274
And no new moves yet. So he will likely stay inferior to Moltres for most common uses.
Answers
I reference Moltres since there have been lots of old posts about “not powering Moltres to wait for Ho-oh.” It used to be much discussed.
I’m not sure how “great” a generalist he will be anyway. The age of specialists has dawned and I think most folks don’t much need to spend rare candies on generalists after they pass level 30. But maybe his moves will change or he will have some other use. Also SW, while a great quick move especially in regards to pure DPS, has a pretty poor EPS. This won’t help his case in comparison to other more common effective generalists that do not require rare candies to power or can be caught wild at higher levels with less dust expenditure.
The age of specialists has dawned != The age of generalists is over
We still see Dragonite and Mewtwo very useful in raids like the beasts.
I've talked about the three traits of a great generalist not a long ago and I think the first and foremost point, which is agreed by the many, is that the Pokemon need to have very high ATK, and I propose 250 as the cut-off for "very high". Post-nerfed Ho-Oh doesn't meet the criterion and thus, is not a great generalist. We'll see what he can do.
Trust me, man, I've opened a thread ranting about Mewtwo being nerfed a month ago. I still haven't got over it: (https://pokemongo.gamepress.gg/q-a/mewtwo-nerf-0#comment-558431)
Now, Ho-oh was given the same treatment. It really is a shame... I'm gonna stop here before it's too late and I go into another rant XD