I already got that feature about a month ago, and it is AWESOME! I hit channel up, and the entire commercial break is gone. The only caveat is that you have to wait at least a minute or so after the program has ended for the skip icon to appear in the list, showing that you can use the skip feature. You also cannot catch up to a live recording with the auto-commercial skip. Some channels do not get the feature at all, but they have been adding stations regularly. A "Special News Report" that interrupts a show sometimes breaks the auto-skip.
All that being said, most of what I watch has autoskip available, and it has really been bulletproof. It's the feature I have been wanting for 15 years, starting when I bought my first tivo, and they got it dead right.