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I genuinely can't decide whether this is really exciting... or hasn't got a cat in hell's chance of seeing the light of production line. But there is no doubt that Google are completely serious about it, which means Apple, Microsoft, Sony et al will all be brushing off their patents.
Actually, I've decided: This is jolly cool and we'll all be donning some polished variant of it within three years. There, I've said it. With 4G around the corner it is, undoubtedly, possible to make it work in as slick a way as the video suggests. And without having to sell it in that annoyingly quirky way.
Naturally, all the pisstakers in the world have exercised their right to... erm, take the piss...