Sadly, I also think it will commercialize it on a whole different level and take away the innocence. But ah, ch-ch-ch-changes -- not all bad.
Personally I haven't been involved in the demo-scene for some 15 years but every now and then I indulge myself in the latest releases at http://pouet.net and find myself having lost a whole evening. That said, from what I have seen, and if this was indeed cutting-edge, we still have quite a bit to go... But yeah, we are definitely getting there. Not sure whether to jump for joy, though. :)