Seems like a big deal. I feel like this could enable a new level of modularity and compatibility between publicly available weight sets, assuming they use similar channel dimensions. Maybe it also provides a nice formalism for thinking about fine tuning, where you could adopt certain heuristics for adding/removing key-value pairs from the Pattention layers.
One interesting thing to note: sounds like model scaling happens on the fly by adding key-value pairs as rows in the K and V matrices on the Pattention layer. That suggests that weights represented by tokens in the first rows may be more important than weights in later rows. There may be a lot you could do with that ordering of weights in terms of pruning and such.