Spotify HiFi worth signing up for?

So...Spotify will introduce a lossless service called Spotify HiFI.   I haven’t seen much else other than it will be CD quality.  No availability date or cost structure yet, nor whether the HiFi service will have the same catalog as the regular service.  Since I am a happy Qobuz Hi-Res listener, I am debating whether it is worth it to subscribe.  Anyone have thoughts or further information about Spotify HiFi?