I think Atari is going to have it hard enough (though their Indiegogo campaign seems to be going reasonably well so far). Intellivision doesn't have quite the same name recognition so they will really have to step it up on implementation. I hope they don't try to bring back those disc controllers :).
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Intellivision has a very small, but dedicated fanbase. That being said, you're right that they'll have to do something to make them stand out if they want this to succeed. The market is just too crowded for another console that plays mostly indie titles.
I loved the INTV, as some of my friends had them when I was a kid, but yeah those were some of the worst controllers ever conceived. I do still love the keypads and overlays that went with each game. That was a creative and original concept.
Atari had a keypad controller too but it was separate and used on very few games (e.g. Star Raiders). I never had an Intellivision until long after it was commercially dead. I ended up getting rid of it. I could just never get used to those controllers.
I'm still debating about the new Atari console. I have said I am not going to give them any of my money up front and it is still more than a year out...assuming it comes out at all and there is no delay. I just don't have a lot of trust in the new Atari. On the other hand, it looks damn cool and $200 isn't a terrible price for the hardware plus its linux based so there's lots of things you could do with it even if it is ultimately a failure...
True. They really did nail the aesthetics of that console. No doubt its going to be a hit with modders and hackers.