Ahh, I've managed to read a page, and all I see is gamers who think they know more about what can be studied than a Cambridge professor. When it comes to believability, they're up there with Steven Hawkins, Nelson Mandella and Steven Fry.
Also, the main point of this is the increasing of legitimacy it gives to studying video games (which, you know, could have been reported instead of Twighlight. The Escapist is worse than the fangirls...). Last year I was refused a student bank account because games design "isn't a real course" but if Cambridge starts looking into it, maybe future years will be able to afford to eat more than three times a week AND study games without living at home.