It will sound fantastic, but you should really either downgrade the wattage to the 700RB, or upgrade the amount of speaker to maybe 2 2x12s. For rock and funk, 2 12s is probably OK for small to medium gigs. If you play bigger/louder gigs (obviously I mean during normal times), with the 1001 and the 2 12s, you will be more likely to push the amp and very likely destroy the speakers. I think those speakers are only rated 300w each and I think the 1001 is like 750w or so at 4 ohms. Certainly you can operate that safely if you use caution and vigilance, but you will be a lot safer with the more modest 550 or so of the 700RB.
So if your gigs are more modest, I say go with the 700RB. Otherwise you should really think hard about adding more speaker.