Perhaps. As flat panel displays continue to drop in price, some people believe we'll have so many that this new trend will take off with "ambient video" and this is just one early example of it. We already saw the live log feed on INHD and the log DVD earlier, and as the CEO of ScreenDreams came by to mention, it will also be available in next generation DVD formats whenever they become available.
Will this take off, will I walk throughout my house as my networked LCD wallpaper reacts to my movements and mood? I dunno if I really want it to, plus I'd probably have to change it all around when my parents visit.