They are using E. coli I beleive, so there are already natural virii around. Usually called a phage, but it's the same idea.
Anyway, I wouldn't worry about microbe-based processing replacing electronics for any standard applications. Microbes as we know them have the following properties:
they need to be fed
they need waste products removed
they need water
they have a narrow operating temperature and their performance changes greatly with changes in temperature (much moreso than electronics)
they tend to grow and/or die if they're actually doing things
they can smell bad