The detent-less encoders will provide 127 messages per 360deg rotation.
i think at this level they should definitely be NRPN
i'll wait for version 2
Indeed, these specs are not very impressive at all, especially at the announced selling price. But I don't see what the (relatively poor) physical resolution of the encoders has to do with NRPN per se. Your statement "they should definitely be NRPN" doesn't make much sense. An encoder that can distinguish 127 steps per full rotation can still be used very well for 14bit MIDI messages such as NRPN. That's simply a matter of software (/ firmware); this would probably be handled in a MIDI Remote Script in Live. With proper acceleration, the encoders could at least provide somewhat decent support for NRPN without having to wait for any future v2 hardware with better specs.
Still, these poor specs and the apparent complete lack of support for high resolution control (14bit MIDI CC#, which is also used for (N)RPN) and fine tuning is certainly *very* disappointing. Indeed, so far, the functionality of entire encoder section on the Push does not impress me at all. It's quite a turn-off.