New Engine?

Supposedly this new engine introduces greatly increased efficiency with reduced fuel consumption and no reduction in power...

http://www.boston.com/cars/news/articles/2006/04/23/new_engines_a_family_affair/
Who knows with these things, the hype level is usually pretty high and this article is not particularly strong on technical details. But if this is legitimate, it will be interesting to see the alacrity with which it is adopted into production by carmakers, since it could provide insight into adoption trends for the car industry.

     Which actually also brings up another interesting question: with technology involving hybrids, onboard computers, and different-fuel based engines making technical leaps and bounds much faster than has traditionally been the case with automobiles, do the tradtional cost and pricing models still work? If cars losing their value not because of wear and tear but because of obsolete engine technology within the traditional lifetime of a car, do financial aspects of financing and warranties change their scope? Does leasing become more popular as people foresee higher frequency turnover of new cars in order to maintain up-to-date technologies? Or will that instead place greater emphasis on less expensive cars that can be paid for in full in a shorter amount of time?

  Should lead to an interesting set of changes, anyway...