ETH has a good head start. I think this year is definately up for grabs. These will definately be a money maker for Bitmain, especially because it is for Ethereum. ETH will surely get an uplift in price when/if these come out.
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I think you are right about ETH. What will be really interesting to see is how the increased hash rate impacts other Ethash coins that aren't as well established. It could be a bumpy ride for a few. With more eyes on the algo, I hope we see a few more unique and value added coins enter the fray.
Never know. There are plenty of GPU mineable coins. If Bitmain doesn't lock the miner down to ETH, we could see an interesting increase in the overall network hashrate for a number of currencies.