Its quite apparent Siglent took its "inspiration" from the 34461a. In the end, I really dont think it will hurt Keysight in anyway. Kind of like if Hyundai where to build a sports car that looked almost the same as a C7 Corvette for less than half the price. Those who still want the Corvette are not going to be persuaded to buy the Hyundai even if it looked quite good and had reasonable performance. The cheaper option will simply allow those who would not otherwise spend the money for the real deal to get in on the game.
I would greatly prefer a 34461a, but could not find any used so I ordered the SDM3055. Not had a chance to play with it yet, the first one I received had a internal metal cover (ADC cover likely) come loose in shipping so it was sent back. The replacement arrived yesterday but I'm out of town this week. Really hopping the meter performs well and will last me a few years until I can find a good deal on a used 34465a. Time will tell.
As far as overall build quality, I grew up with a room full of 1950-1970's HP gear (all I could afford as a kid). I still have a 3440a DMM, 5245L counter and 200CD audio oscillator. Talk about build quality, cast aluminum frames, solid engraved and etched front panels and the general spare no expense internal construction and parts selection. The gear is 50 years old and still works! But in 1963 the 3440a was $1400. No one builds gear like that anymore.