grammar - Meaning of "such" in 'such is the son' (Homer's Odyssey)

Source: Book 1, Lines 258-260, The Odyssey, by Homer, translated by Robert Fitzgerald,

The gods decreed
no lack of honor in this generation:
such is the son Penélopê bore in you.

Does this mean the following:

The son is an example that shows that the Gods decreed no lack of honor?

Is this "such" the same as "I don't know such."?