Be fun to try, though I think it's 14 foot, so too long for BoP races. There was a 13' prototype, but haven't heard about a 12'6".
Plus it costs $6,500 (or $8,500 in Europe...). And for all that money and advanced construction, it's apparently still heavier than most 2012 race boards (around 16-17kg).
Either way, full credit for being innovative. And it does look pretty quick in this video...