I believe it will support games created in construct 2, as long as they are ported through Cocoon JS and Appmobi wrapped as an Android game app. If they are on the android market, they will be/should be compatible.
I recently asked them this very question and i am waiting on their response. The console will use Android 4.0 with a good amount of great hardware, so any game created in C2 should run fairly smooth.
If this platform takes off, i am pretty sure Tom and Ashley will be all over it and add full support inside C2 once their specifications are revealed.