Extensible tool-building platforms for DSLs are hardly anything new. Reading things like this, i sometimes worry that the HN-circling web crowd is reinventing things that others invented just a few years ago. Like some sort of collective not-invented-here syndrome.
E.g. Check out MetaEdit+ - their website isn't Silicon Valley Sexy, but the tool is amazing. And has been, for the past 10+ years. http://www.metacase.com/mep/
Now, there's plenty new and well-rehashed ideas in Light Table. I'll be buying a license, probably. But the insight in this article isn't very new at all.