Its.... OK?
I find it very hard to be incredibly excited for this knowing full well that there are already plenty of portable KIRFs out there that accomplish this exact same thing, ready to buy. Only real difference is aesthetic.
Example:
http://www.willgoo.com/yinlips-ydpg18a-pxn86133-game-controller-p-269.html?zenid=eb6jug265ht90b7s539aqpuo20
Set the device next to HDTV, route the video via HDMI to the tv. Utilize controller to act as... controller for games, and you can essentially play any android based game the device can understand.
While this stick does have its own "metro" XBL ish OS to hypothetically make it more streamlined... I fail to see the desire for a device that will likely have to be more expensive than 150$ USD, and despite its assertions of mobility being a feature, ends up being even less mobile than what already exists and does more.
Dont get me wrong.. I LOVE open source stuff. I think EVERYTHING hardware wise should be. I love these types of devices, but it seems like the people with the vision surrounding it, didnt quite see all the pretty trees before trying to enter the forest.