TILT: (Thu) Memristors: The days of 1s and 0s are numbered?

From the NY Times article on the new HP memristor announcement, the thing that struck me first, was not the technology per se, but this notion: that the chip can store a "vast array of intermediate values, not just the binary 1s and 0s as conventional chips do."  No more 1s and 0s?  No more binary digitality?  Isn't this almost like going analog again?  

Just makes you remember to think: what will we be doing in 5 or 10 years?  With this technology, what COULD we do?  Sounds like a significant advance, so I'm betting on some amazing things.