1. All the FE cards are throttling... so any similarities to the FE can not be considered 'a good thing". I have not seen a tear down article on the 1070 armor so do not know how much or even if they do better than the FE cards.
2. The PSU is based upon Seasonic's G platform. Other than this unit, other units built on the same platform include... Seasonic S12G, Antec TruePower Classic, Antec EDGE 550-750, Corsair HX650, Fractal Design Edison M, XFX TS Gold and XFX XTR
You may find one of them to be significantly cheaper than the $89 EDG
XFX TS 550 $69
https://pcpartpicker.com/product/3pqdnQ/xfx-power-supply-p1550gts3x
Seasonic M12 620 $69
https://pcpartpicker.com/product/nB3RsY/seasonic-power-supply-s12ii620bronze
EVGA 550 G2 $72
https://pcpartpicker.com/product/qYTrxr/evga-power-supply-220g20550y1
XFC TS 650 $70
https://pcpartpicker.com/product/NYyFf7/xfx-power-supply-p1650gts3x
XFX XTR 650 $84
https://pcpartpicker.com/product/Rkh9TW/xfx-power-supply-p1550bbefx
Antec HCG 650 $84
https://pcpartpicker.com/product/mWphP6/antec-power-supply-hcg620m
Tho ... if it were me, I'd consider the EVGA B2 750 which would allow the addition of a 2nd 1070 soime tiune in the futiure which would extend system life 18-24 months
https://pcpartpicker.com/product/JYyFf7/evga-power-supply-110b20750vr
This PSU was $48 this morning and has had 4 price increases today alone (now $75).
The G2 is only $95, $6 more than the Antec 550 and a much better PSU which will operate quieter, with less heat and more efficiently than a 550.
https://pcpartpicker.com/product/MfJwrH/evga-power-supply-220g20750xr