I'll bite.. what are the huge implications?
Most people would say that covalent bonds hold the protein together and they dominate the overall structure- for example, you wouldn't ever see a strained covalent bond, so you can easily eliminate all structures with strained bonds. This was long an assumption. However, work I did at Google using Exacycle demonstrated that, in fact, large collections of hydrogen bonds can in fact work in concert to stabilize proteins with strained covalent bonds (http://onlinelibrary.wiley.com/doi/10.1002/pro.2389/full), which overturned the assumption, and made a modest contribution to the prediction of protein folds, and protein design.