Is there any point cpu mining with availability of GPU or are they balanced such that both are worthwhile?
not much point in CPU mining you will get about 1 CAL a day with a decent 16 core CPU. Even if this coin magically began trading at $1 it's still not even enough to cover electricity costs per month.
That being said, most people currently speculative mine at a loss or close to break even in hopes of a drastic price increase once the coin is 'discovered' by the sheep