LivePlace virtual world

Second Life had its five minutes of fame and has been quiet ever since. Seems like either the regular world wasn't ready for the virtual world on a mass scale or the virtual world wasn't ready to knock the socks off the real world. Well, take a look at this video put out by LivePlace for a web-based (no plug-in) virtual world called City Space. Of course, this doesn't exist yet and they're not saying when it will. TechCruch also has some comment up that part of this video may be ripped off. Nonetheless, it is very cool to imagine a virtual world with this kind of visual impact.