Kevin,
I could not agree more. I was astounded. I know that you dropped a hint, with the screen-cap, but to see it in motion is amazing.
I wonder if parts of that technology will also make its way into Photoshop? It's masking techniques have improved over the decades, but hair, as per that example, still require some hand-work.
I'm beginning to believe that I retired too early. 
I had not planned on upgrading beyond CS 6, but now I doubt that I can resist. Maybe CS 17 (see The Video Lounge) will be my last?
Question: is it too early to ask if this new technology will require some major GPU upgrade, over CS 6? If you cannot comment, we all understand.
Hunt