Naked chips could make digital cameras cheaper

As far as the specs are concerned, for every pixel on the sensor of a camera out now, the memory-based sensor could have 100 pixels. Thus, for a chip in a 10-megapixel camera, the new sensor could have 100 times as many sensing cells if implemented in memory technology. For more detail about the chips, check out the report at The New Scientist.
The technology, named "gigavision," is geared towards cell phone and cheaper-end pocket cameras, so it's not quite clear how good the photos the new technology would produce. But as the patent is pending, it is unclear when this would actually be implemented.
Do you think this finding would really change the market? Would you be interested in buying a camera with this kind of technology?
[Photo via Engadget]