Give 3D sound technology a few more years and then there will be ready-made elements that can be installed in living rooms. It will sound much better and will become established, probably first in home cinema systems and then replace stereo. At first everything will be laughed at, but then everyone will want it. That's always the case with progress.Interesting demonstration, but not very practical for home use! Similar systems have been constructed by many folks. I recall an article in The NY Times several decades ago when a retired architect built a custom house in Connecticut using a similar wave field concept, where music would emerge from many small loudspeakers embedded in the ceiling arranged in a particular way that simulated an actual concert hall. I think the issue with a lot of these simulations is that you are superimposing two acoustics: the original venue ambience and that imposed by your listening room at home. It's the same issue with omnidirectional systems that have been developed by many manufacturers over the years (Bose 901, MBL, et al.). The basic principle is that you avoid beaming the sound from a point source at the listener in the standard two-channel mode, and instead beam it over a wide area that contains a large percentage of reverberant sound. Amar Gopal Bose was an MIT professor who got interested in the science of hifi in the early 1960s, and was shocked to see that normal loudspeakers sounded nothing like what he heard in the concert hall where the Boston Symphony performed. He did some measurements and found that at the listener, a large proportion of the sound was reverberant from the countless number of reflections that happen in the hall. So, the Bose 901 tried to mimic that by arranging to have most of the drivers point at the back wall, and bounce the sound off, and only one driver point at the listener in the front. It's sort of works, except when you measure it by conventional means, the frequency response is pretty awful. Of course, the inserted equalizer is even worse made of cheap parts.
Peter Walker who designed the Quad electrostatics dismissed all such attempts at mimicking the reverberant sound field, arguing in a classic article in Hi Fi News that the Queen sits in a box at the Royal Albert Hall, and largely does not hear much reverberant sound. He also said if you covered the back of an audience member with a sound absorbing material, he doubted there would be much sonic difference. In general, he did not believe in multichannel sound reproduction, viewing it as a gimmick. At the end, despite the valiant attempts by Sony and Philips to market multichannel DSD, it seemed to never get much attention in the market. I think the problem is that you end up superimposing two acoustics, and it doesn't really work. It''s also far more difficult to get the multichannel system to work with various room correction procedures (e.g., Lyngdorf's RoomPerfect, Dolby processing etc.).
iosono/ barco is the market leader and already offers complete systems, e.g. here the prosessor home cinema.