The stock of popular Cyclone I devices is still large at catalog distributors, and the prices are still in a range comparable to newer devices. So the motivation for a redesign of existing products will be low. I recently asked a distributors product expert about expectable EP1C lifetime. He had no detail information, but expects a list price correction in two or three years as a first step of product cutback. If you start a product with EP1C, you have to track prices and particularly last buy announcements during it's active lifetime.
Personally, I would schedule no new design below Cyclone III or IV. Only an updated copy of an existing design may be reasonable candidate for re-using the old device,