Several readers also pointed out this brief report at imdb.com as well. We've mentioned this before, but the news here is the reportedly successful demo. It would be a lot easier to swallow if he'd let people test it independently, but video-over-28.8 sure is tantalizing.
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gwernol writes "Over at Screen Daily they are claiming that an Australian company has demonstrated a high quality, full-screen video-on-demand service that is delivered over a 28.8k modem. They claim this will 'eliminate the need for broadband.' If this is true, then they'll change the world. Of course, the basic technology has been around for a while, see this article from 1998 or this one from earlier this year. I remain extremely sceptical. If this is real, why won't they allow proper independent testing? But it is interesting that they're getting funding. Could this be the last great Internet scam?"