This flash driven device has 2GB of flash memory and a microSD card slot. It also supposedly has 2 hours of battery life. The beauty of this device is that it takes away the need for computers that have an attached screen and will make laptops that much more portable.
Implications - Light Blue Optics is a company that has been in existence since 2004, and they have clearly hit their stride. Their ability to turn "holographic laser projection technology" into a product worthy of public consumption is a big victory for the company and will garner them attention as a powerhouse in the industry.