In a word? No.
What really concerns me here is potentially devastating losses of privacy. Funny how they only touched upon it at the very end of the report. With that kind of technology, one would be open to basically being tracked wherever one goes. The possibility of that is chilling to me. Sure, it'd be cool to track down wanted fugitives and criminals for law enforcement - but what about freedom loving, law abiding citizens, like me? Does my government (or any other agency - whether domestic, foreign, or multinational) have the right to track my every move? I say Nay!