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I call BS too.
Deep packet inspection like Packet Motion and other startup companies try to do will wane. And as IPv6 comes on line, looking into packets will become harder and harder to do. And with P2P using heavy protocol obfuscation, again, looking inside packets is a waste of time. I hear no mentioning of heuristics here, and so they rely on visibility into the packet to do anything. Yawn. Also, I'd like to see how they get inside SSL, because what they are saying is that they could put this firewall in the middle and watch your online banking, which would mean SSL is broken/obsolete if they could trivially MITM (man in the middle) attack that protocol.
Yes, I'm sure Cisco and Juniper are shaking in their boots trembling with fear - lol. The best part of this snake oil is the out of line learn to trust routine. Great sales tactic, just get the damn box in the door, then make it hard to return. Vacuums were sold in this manner.
Also, it tends to be that "firewalls" are NAT/PAT/Masquerading, basic IPS, and VPN concentrators all in one. I seriously this thing can replace an IPS, do address translation and manage endpoints on VPNs all at once. ASA-5500 and Netscreens are real and have years of customer experiences and feedback on them. This is a startup just out of the gate calling these devices out as inferior.