Interesting video. Sort of reminds me of hooking up my Wii -- It's like you're in a shopping mall where you can see the signs of all the stores but they're long shut down.

I still think there's a major use case problem for the most part. The translation thing is a neat trick, but if you're not in a foreign country it isn't going to be that useful for 99.9% of people (and I bet it requires a hell of a data connection most people wouldn't have in a foreign country as well).