If this happens, it will be the bomb.
For those of you who know german, check here:

http://www.heise.de/newsticker/data/wst-10.01.02-001/

You can use Babblefish or something to translate the page in English if you want.

Basically they say they have the technology, and they already gave it away to 2 manufacturers. I assume we're very close to a breakthrough

Well, I wouldn't proclaim that "it's here!" just yet. Unless you believe that "Duke Nukem:Forever" and *any* 3D chipset from the BitBoys are here as well...