Looks like an eeg neural device. Lots of interesting stuff on this in terms of neural prosthesis. As suspect as the source may be, scholarly literature on the subject suggests this well within the realm of possibility.
Anyway, while the eeg angle for brain computer interfaces (BCI) are interesting, bandwith limits are a major issue.
Kuiken and his staff have had some success with reinnervation, which also returns some "tactile sense" capacity, but is still limited by the differing commands for input (in this case free muscle groups).
While this is certainly exciting, this is most likely an end of the road for EEG due to the bandwidth limits you describe, as well as pollution in the signal from EMG from muscle activity.
The prosthetics community is on track to deliver some amazing new capabilities in the relatively near future, but this will almost certainly require microelectrode or potentially Ecog.
Here's a swedish study on the eeg robot control (I haven't read this article, but the abstract suggests its approximate to the Chinese study): http://ieeexplore.ieee.org/xpl/login.jsp?tp=&arnumber=13...
Anyway, while the eeg angle for brain computer interfaces (BCI) are interesting, bandwith limits are a major issue.
Kuiken and his staff have had some success with reinnervation, which also returns some "tactile sense" capacity, but is still limited by the differing commands for input (in this case free muscle groups).
http://www.ted.com/talks/todd_kuiken_a_prosthetic_arm_that_f...
Anyway, interesting stuff. Should be fun to see where this technology goes.