Reading that article 7757524 mentioned.   Are the pure 3GIO slots going to be just that little connector?    Looks like an itty bitty ah heck, wonder if our expansion cards will get any smaller and if braces will have to be made for some cards if they stay current sized.  Yeah, boards are tough to break, but they can break/warp.  My motherboard's warped from my alpha 8045, not enough to hurt anything (yet anyway), but just shows it does happen.  Then again the cards are held pretty firm by the L brackets so even a SCSI-160 card with lots of connectors probably wouldn't take too much stress.  Ok, disregard everything up to this point, just thinking outloud again.
LOOKS like it could be introduced on boards without taking away any PCI functionality if I'm reading this right.  Add the extra connector at the end of the PCI slot for a "low-band 3GIO slot" and someone with only PCI cards isn't hurt in the least, right?  Wonder why it said only PCI 2.2 cards though.  Oh well, anyway, not like fighting for board space with VLB/PCI/ISA.  Actually kinda like VLB in it's day.  Could have 6 "low band 3GIO" slots and have them all populated with PCI devices without using the GIO at all, right?  Not clear on if you plug a pure 3GIO card into one of those extra connectors in a combo slot if it'll work or not.  Would go back and reread, but there will be plenty more articles on it before it comes out.  
I think I like it.  Unlike going from parallel to serial ata, or isa to pci or serial to usb or or or...having 3GIO in place won't be preventing you from having the legacy PCI or require adapters or new equipment right away.  That little difference will allow it to take off so much easier, with the biggest roadblock being the additional board costs of introducing it when few if any know about it, muchless are planning to use it.  Seems like when it's ready to launch it should take off quickly and fairly painlessly.
Looks nifty overall.  Needs a better name though.  3GIO, sounds like a virtual pet or something.  
--Mc