I read it, but ignored it, because it was silly. As I ALREADY SAID, we've been down this road before. Mini-CD as a multimedia delivery platform is not a "non-existent tecnology application"... the consumer market passed judgement on that already with MP3s.
At every technological turn, digital audio distribution has predicted digital video distribution. Makes perfect sense, since it's just a matter of scale. So now we have flash and hard drive-based portable video players, and if this "EuclidVision" technology pans out, they'll use that too.
Which part of this are you disagreeing with?