Charlie,

I'd never heard of it before so I checked out your link and watched the slideshow and the vid clip. I was surprised that their vid was only 46 seconds longs or so.

A little better clip by the company owner can be found here with a 2:47 clip.

https://www.youtube.com/watch?v=PefzNuaJPVQ

What's even more surprising is a better clip by a guy who can't play a lick of guitar but he just talks about it and holds the guitar, although once he tries to put his fingers where the lights tell him and he can't do it, but it is a better clip for showing what the thing does. It's a 7:23 clip.

https://www.youtube.com/watch?v=qqclj_Gp800

It could be a great learning tool for a beginner, or for someone trying to learn the fretboard. As long as they moved beyond the lights on the fretboard and started visualizing the fretboard in their mind.

I personally think the owner should be talking to Rockband and Guitar Hero if he really wants to make some bucks.

It has potential, but I'd have to see more info on the software. And one of the reviews I watched stated that the guitar is pretty cheesy, which is to be expected. It could end up being a very good tool with the right advances in software and hardware.