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I hope MSFT is able to execute this will. What it will do is that differentiation of Slate Vs Desktop will move to software rather than hardware. One device call it what you may will be a tablet/slate and a desktop.
Personally this sounds really cool. The fact that we carry a device (slate or tablets) which only satisfies part of our needs is a failure of technology. If in a year or two I can pick up a slate device which has all the advantages of slate and has user experience for it but I can hook it up to a dock and connect it to a monitor and a keyboard and get a fully functional desktop, that will be just great. Remember hardware will only get better with time.
2 years, 6 months ago on Microsoft: The Schizophrenic Windows 8 Interface Will Offer the "Best of Both Worlds"