What's HN's thoughts on IoT? To me it looks like yet another buzzword from the "wouldn't it be neat?" crowd (the same people who previously gave us a lot of hype about Semantic Web and P2P social networks) but as before none of the applications are actually worth the hassle, this prevents critical mass from ever being reached, and in reality it's mostly just a way for appliance companies who are already overcharging…
There's lots of interesting niches, the overall term "IoT" and what people use it for is incredibly broad (IMHO to the point of uselessness)