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It will need terrestial antenna hookup and a least a good dual channel dvr for me before i'd be interested.
"The source said that Intel was frustrated with “everyone doing a half-assed Google TV so it’s going to do it themselves and do it right.” Them is fighting words. I think Google will be the only one to ever do it right, think about it, "Intel TV." No one associates Intel with TV. It is going to fail bigtime. 
If someone were to create a device that would combine an HD receiver to pick up off the air local stations, video streaming like Roku, the ability to search the Internet using Chrome via broadband and a way to subscribe to selected cable channels "a la carte", that would be a killer setup!  It makes no sense to pay for a tier of cable channels that you don't use at all.  Traditional cable providers are unwilling to change so I think someone else needs to take the lead.
Nobody wants to surf the net on TV. And you can quote me. 
I don't know about revolution, but definitely evolution.  I envisioned something like this about 10 years ago, and most new TVs have some sort of internet connection built in.
Most TVs already have popular streaming apps built into them already in addition to the DVR that most people already have. This so-called solution does not seem to offer any new value, Cable will soon be dead since we are already very close to being able to control our own programming instead of picking between prefabricated packages. 
Yeah, I see this as yet another set-top hardware application that will end up in a landfill, a la Web TV or the Microsoft Internet appliance.
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