"In short, the implementation is proved to be bug-free." Has any smart person looked at their claims enough to vouch for them?
"We still assume correctness of hand- written assembly code, boot code, management of caches, and the hardware"
http://www.nicta.com.au/pub?doc=7371
There's a lot of assuming going on...I'm not saying that what they've done isn't interesting, but as always don't let yourself get carried away.