Whats the buzz about Zero Client Computing?

Many tech gurus are calling Virtualization of server and desktops a red hot tech trend of 2010, but a hardware vendor has taken virtualization one step further with a device called Pano Device. They refer Pano devices as Zero Client as they have no CPU, no memory, no operating system, no drivers, no software and no moving parts. A pano device connects to a virtualized Microsoft Windows desktop running on a server in the data center. These devices are made stateless, so you can disconnect your virtual desktop from one Pano device and connects from another. Pano device has won the Best Innovation award for 2009 in Computer Hardware category. Does this mean desktops days are over? I don't think so... first of all these devices are not cheap, the panalogic online store shows a started bundle price (includes 5 pano devices along with 5 client pano manager licenses) of $1899, which comes around $380 a piece. Today, you can get a very powerful desktop computer for $400, probably much less for the corporations who buy in bulks. But thats not the point. If this device solves the problem of administrative costs for maintaining desktops and upgrades, then it can prove itself a viable alternative to desktops. Anyway, its worth watching the trend as we see more players in virtualized device space in 2010.