It's not a new privacy-coin, it's a total moneygrab. The way they implement the hardfork could even be harmful for privacy on both chains. More in depth analysis and circumstantial evidence that the moneroV-devs don't give a sh*t about privacy: https://bitcoinschannel.com/monerov-a-trap-laid-for-monero-users/
@mobileur, Can you provide a source for the process you describe? What is a "first key"? What is the "another wallet" called? As far as I understand it, the MoneroV wallet's source code has not been released yet and allegedly will only be released at the time of the fork. Putting your Monero private keys into a source unverified, 3rd party wallet, where the MoneroV devs are all anonymous, is incredibly naive.
@tficharmers, What mobileur means is that after the fork you can send your monero to another wallet and then you can collect your MoneroV with the private key of the wallet that no longer holds any coins. If it is a scam they will have your private keys but there won't be anything in the wallet for them to steal.