If I may swim against the tide of mocking comments: I am actually one of these people. Am typing this from an internet cafe in Kathmandu, Nepal, procrastinating on my work. This discussion frames the possibility as sitting in your local Starbucks, in stead of your office around the block, but if you see it as: "you can do your work from anywhere in an open-source fashion, with severe economic and cultural benefits for you and your boss", it doesn't sound so bad.. right.. A (bit of a narcicist) example: I did some volunteer-work here in Nepal for some time, but money-pressures required me to do some properly paid work again. My old boss had no problem letting me work for him again, but now remotely. Since you can live here like a king for a pittance, I could offer him a very nice deal, while living above my standards in Europe.
We've got another guy working from the Ukraine, and we keep in contact through the standard nerd channels: IRC, email, chat in stead of the bugword ridden communication methods mentioned in the summary (Twitter!!??.. 140 char delimited montly reports?). In some ways these communication channels are preferable to sitting in the office, cause they can be/are recorded and can be referred to by yourself and others later. Follow the #sugar IRC channel (you know, from the Sugarlabs guys) for a public example of how well this kind of remote workflow can work.
I'll admit I'm a bit of a hedonist, but if I get bored of Nepal, I might travel a bit through Asia, with my office in my backpack. Keeps me happy, and me happy keeps the boss happy. And I know a number of guys that have started to live a similar lifestyle in the last years, trotting the globe. Just in the last year the first of a new breed of wifi-cafe's popped up its head: angling for tourists and us expats alike: designed with long rows of little tables to put on your laptop and some drinks, enough power-supplies and relatively fast internet (usually 128kb :)). Of course I didn't read the FA, but I think the story title at least is spot-on.