Expect it to be similar to the Bermudan and Cayman registers and not aimed at the likes of you and me.
No doubt we'll see a few Aeroflot aircraft on it then.
Someone here may explain the trend but I note Russian and Alitalia aircraft on the Irish register, other Russian airlines flying Bermudan registered aircraft and even Icelandic aircraft on the Swiss register.
Over in the IoM the impossibility of getting an AOC (it's outside CAA jurisdiction) seems to have resulted in Austrian and German aircraft being used by EuroManx and a Hungarian LET410 aircraft by the new Manx2.
Will the new IoM Director of Civil Aviation just have a register to look after or will they be considering the bigger picture?