What will Google Project Glass mean to us?

Google is making prototypes of its futuristic, Internet-connected glasses, $1500 "Project Glass" available for people to test out early next year, according to Google I/O 2012.  Project Glass is what Google believes could be the next form factor of computing. As it stands now, many of us are willingly beholden to our smartphones with all the web browsing, twittering, pathing, instagramming and whatever else consuming most of our time, but in the future it may be just your glass. 

According to Wiki, Project Glass is a research and development program by Google to develop an augmented reality head-mounted display (HMD). 

The intended purpose of Project Glass products would be the hands free displaying of information currently available to most smartphone users, and allowing for interaction with the Internet via natural language voice commands, in a manner which has been compared to the iPhone feature Siri. The operating system software used in the glasses will be Google's Android.

When your glass is equipped with a smart camera which is actually a computer, you can capture image and video anywhere, store them locally and sync them with the cloud later. As this glass becomes a head mounted display and equipped with wireless headphone, it is a real cinema on your head. A virtual or real world is so closed and can be sensed. Wow! 

A similar project is the Social Video Sharing Glass, but it is not a HMD.