Most details are still unknown, as OCZ is still polishing the firmware, but it is clear that it is based on a Toshiba controller and NAND flash memory. It will be available with and without a PCIe adapter.
According to OCZ, you can expect it in capacities of up to 1TB. Sequential performance should be well over 2000MB/s while 4K random performance will go over 200,000 IOPS. This is in line with what we can see from other similar NVMe PCIe SSDs.
There will be plenty of M.2 NVMe SSDs to choose from and OCZ should have the RevoDrive 400 ready for retail later this year.