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This kind of reminds me of the Optimus keyboard by Art Lebedev, but not in the vapour-ware sense. More in the way that any time they post a new screenshot or video I get overly excited, regardless of when they finally have a non-beta release. For now, I'm quite content just looking at the pretty thing.

Keep up the good work Ross and the rest!

I assure you though, the beta release in this case is quite functional (and saves me a ton of time writing my web app).
I remember being so excited about the Optimus. The final product was such a disappointment. We won't make the same mistake :).
Atlas (and Cappuccino) is going to make developing quality RIAs very quick, very easy. While a RIA isn't something that is necessary for everything on the web, these types of frameworks are going to support true killer apps that will replace desktop equivalents.