I've just watched the trailer and the announcement and two things jumped out at me.
Firstly, that's literally the worst trailer I've ever seen for anything. I feel somewhat sickened, and without further reading have no idea what the product is from watching that.
Secondly, you literally see the input lag in the GDC stream. I'm certain they're demoing this in as close to ideal conditions as possible and there's not only a noticeable delay between him hitting keys and things happening, but also artifcating. Sod that. Some games might be playable, turn based stuff, certainly, but any kind of action game, any kind of FPS, RTS, or sports game? Nah, I'll keep my hardware on premises, thanks.
I also don't care what resolution and FPS the hardware is running at if I'm going to see artifacts locally.