Interesting promise revealed by Micron Technology

I am usually a pro-Canon guy - and I don't think this has changed- however I am first a pro-photography guy so any news that seems to promise improved photo's for everyone is good news as far as I'm concerned.  The AP is reporting that Micron Technology is promising a new 8 megapixel CMOS chip and is quoting 10 frame per second burst and 2 megapixel at 30 frames per second video from the same chip.  The 8 megapixel 10 FPS quote rivals that of the best DSLR's available and the 2MP video is essentially HD quality so, pretty impressive.  They chalk all these performance capabilities up to faster processing by the new chip.  Problem for them seems to be that this won't actually be put into production camera's until 2007 at the earliest
and even then the expectation seems to be that the top manufacturers (Canon, Nikon and Sony) are Japanese and either produce their own microchips or purchase from Japanese manufacturers.  Somehow I have a feeling this announcement won't end up being a bad thing for us consumers as long as they live up to their promises and actually price the chips so that the camera's are available for under $300...as they state they are planning to do.