it's good to see this happening, but think about it, all they did was to copy and paste bitcoin's core hard work. This only further proves bitcoin is king and got the best developers and the rest are just copying what they do.
With that being said, I hope to see segwit activated in litecoin as soon as possible.
The Beauty of "Open Source" LOL
Many people don't view LTC as a replacement though.. more as a supplement.
Since it's harder to get major changes done on Bitcoin..
then it's handy to have a go to coin that coin do them faster to get a preview of how it will work on BTC.