OK they may not ship it. If I give money to them it is because I would like to have this kind of light at home one day. Best scenario: they ship it! Worse scenario: the world will have more experience trying to build these things.
In the video, the guy literally says "For $69 dollars, you are essentially pre-ordering a LIFX smartbulb." (4:11) That's one of the major misconceptions people have about Kickstarter and these guys are playing right into it.
