It seems that it would be pretty unlikely that this product is pure vaporware seeing as how there's some pretty substantial developer support. (link) It's pretty difficult for these guys to get developers on board - ATI and NVIDIA both have issues, and they're industry standards. I highly doubt Epic, Ubisoft, Sega and the others that have come on board this early signed deals based on pure speculation. Add to that the reports that the product is to be available this year (link) They must have some sort of prototype already functioning.
Slashdot Mirror
It seems that it would be pretty unlikely that this product is pure vaporware seeing as how there's some pretty substantial developer support. (link) It's pretty difficult for these guys to get developers on board - ATI and NVIDIA both have issues, and they're industry standards. I highly doubt Epic, Ubisoft, Sega and the others that have come on board this early signed deals based on pure speculation. Add to that the reports that the product is to be available this year (link) They must have some sort of prototype already functioning.