I think that this really seems like a great product. I haven't tried it, but if it does what it claims, it can be really useful. If you can make the device you install it on secure (perhaps a biometric thumbdrive), it could solve the problem of laptops being lost, stolen, or as you see in the demo, broken. You wouldn't even have to worry about traces of the device being left on whatever PC you use (apparently it leaves no trace). Perhaps companies that use sensitive data on the go should consider using it. Thought the security aspect of the product is great, it's just one good feature. Evidently, MojoPac also runs games at full speed. Even online games.....
I've tested this product and it's a piece of crap. The entire idea of this product is awesome. However, even if you implement the suggestions for performance gains, this product is slow. It takes forever to install any programs on it. I would recommend that they fix the performance issues of the product before they sell it for $50. I wouldn't use this for free at this stage.