My thoughts as well. I was holding a board the other day and it just seemed, forgive me, aerosol-ized. Like those Aero chocolates that are essentially full of bubbles. "This new wood doesn't feel like wood used to" and shook my fist at the passing cloud.

I have high hopes for this product as a leg of sustainability.

I wonder if it would work for bamboo.

My first thought as well. Considering they are the fastest growing plants. We cant stop the world from using steel or be carbon sensitive on things. But as soon as economics incentives kicks in we could decarbonise faster than most could imagine. I really hope timber technology improves to the point like solar where we would plant forest the size of a state.

The problem that I see is that, if the thickness is so drastically reduced as in the video posted somewhere above, you will need (much, much) thicker wood to start with.

New growth wood is sustainable and is perfectly fine in construction, if you need strength, you can buy LSL/LVLs.