Is This Wine Item For Real?

Techies and wine types: Can you tell me if this story is the real McCoy?
Besides the lame-o hospital scenario - are there other applications for this technology if it is real?

And what do you think of this? Is it really necessary? The first line of the intro says -

...have trouble remembering what wine you drank last month? Or last night?

Maybe it's because you had too much?

What about a scribbler and a pencil?