Developing products for the mass market requires a lot of grunt work, and even with a totally dedicated technical team, still needs somebody or -bodies to compel them to do some of the boring things, fix the unfixable bugs that actually affect non-technical users, etc.

So, while I guess I can imagine this working (and me loving) for products geared toward a highly technical, somewhat forgiving customer base, I don't see this as a workable for anything truly consumer-focused.