This is an all new technology for photography. If it works as advertised (a big if) and if the resolution is good enough, then this would be a complete revolution in photography.

So far I cannot find what resolution this maps to.

This is amazing technology: this camera captures intensity, direction, and color of individual rays of light. This means you can focus after taking the photo or even display the photo in 3D. Check out the demo and the video.
This is the future of photography... if it ever makes it to market.