I think he's got a long way to go to get it into showrooms, but I believe it's a worthy goal.
I've read some better specs on another board. On paper, I really like it. It should give all the benefits of the glass hulls (performance, looks, etc), while being incredibly durable, and very long lasting. You're taking the form and function of a glitter hull, but adding the durability of the Pacific Northwest or Louisiana bayou aluminum hulls.
I'm really looking forward to seeing more photos and water test data as this progresses. It will be an uphill battle (as evident by many of the comments over on the BBC boards) as the common idea is that 'glass is better. But, people use to say that about horse and buggies too.