It could run on PC's no doubt, because they were doing it right there. But on a console? Somehow i seriously doubt it. As a tech demo with just that it could, but add in AI ect. into the game and i think consoles would explode. Plus the next gen consoles look like they'll be small upgrades, not any real generation leap, especially on the CPU side (IBM have been approached for the CPU again). So i'm not holding my breath for this tech on consoles.
So, in summary: Interesting tech, would only appear in PC exclusives for a long time. So, essentially, we'll not see it in a big massive AAA blockbuster (multi-platform in other words, since i doubt games like starcraft 2 are really crying out for more polygons, but mMO's? they could benefit) for a decade
