Like I mentioned earlier, whether or not they have discovered some new physics, is somewhat irrelevant. Whether or not they can produce cheaper energy is the key. I hope it is true but like you I tend to keep up some healthy skepticism, seeing that earlier I found that one of their contracts smelled of nepotism, and the first contract is with a company that does not have a website or phone number - seems to be a shell-ish type corporation in NM.
Estacado is a subsidiary of
these guys. Looks like pretty small-time stuff. I'm not really sure what the point of these agreements is. When (and if) they finally have a working device, people will beat a path to their door. I don't have that hard of a time with the concept of new physics. I looked at the spectroscopic data, and you don't get the kind of doppler broadening they did without a substantial energy blast. This was work done in the gas phase. It was of such a nature that ordinary chemical reactions would be ruled out as causes, though I couldn't rule out that the whole thing was faked. However, there have been physical chemists from respectable outside institutions (aside from Rowan) who have looked it over and not found problems. But you're right, aside from the rewriting of some textbooks, the real question is can they translate it to engineering. It appears that they are making progress, assuming their reports are true. Today is the first I've heard of their new methodology for direct extraction of electricity from a hydrino reaction, along the lines of a fuel cell. It that pans out, it will be fundamentally game changing, going far beyond what has been discussed until now, which after all is kind of like a cheap, non-radioactive nuclear powerplant. That's great, and it would give you cheaper electricity, but the new direct conversion technology that they are now talking about will change everyone's life, should it fully materialize.