So many negative comments for a Saturday. This is a marvel of engineering and deserves a celebration. Humbled by our ability to re-invent more and more. Well done to all involved.
Systems like this have been invented repeatedly throughout the decades, but they never succeeded for one reason or another. The problem isn't in coming up with the concept (or, now, making animated 3D renderings), it's in making it actually work well.
This, incidentally, is why so many of us are so ecstatic about SpaceX -- because they've made something amazing that actually works.