"The world’s first transceiver integrated on a single chip that operates at 60GHz on the CMOS process", explains Wiki. "It will allow wireless transfer of audio and video data at up to 5 gigabits per second, ten times the current maximum wireless transfer rate, at one-tenth the cost."
It's imminence to the wider market was just flashed on the news here in Brussels. I'm wondering where that leaves all current modem technology and internet radio sets etc. Will they all be made obsolete?