Haven't tried it, but I suspect it would be pretty poor bordering on unusable.
Well, from what I read, on Raspberry Pi 2 it's pretty usable (and it's SoC is also based on Cortex A53 cores). Besides x86 Linux apps, people were even able to get Windows apps to work through Wine that way. Obviously, performance wouldn't be blazing, but it should be usable for modest and non-CPU/GPU intensive tasks. Unlike full-system emulation, kernel and syscalls would be still native ARM, will full native performance.
I will try to get it running, apparently, qemu-user-static is present in repos and binfmt_misc support in Neon kernel is also present. Only a chroot x86 environment, such as Debian/i386 is required to get it running.
I've managed to get exagears running on the DietPi image (couldn't install it on Neon). Still haven't managed to get anything graphical running but I doubt there will be good results if exagears doesn't support the Mali GPU.