That would be interesting for video games and pr0n, but why not apply that tech to plain ole "womens drama TV show"?
Oh wait we already have that... My wife already "watches" TV while she holds her tablet and scrolls thru facebook and whichever is more interesting get the attention.
Why watch a reality TV gameshow/drama about say... some dude getting married, when you can watch a real world version play out live on facebook today?
I'm not kidding about this. We're about one, maybe two, "innovations" away from facebook (or equiv social network) replacing most "big network TV".
So theoretical viewer (perhaps my daughter) clicks certain checkboxes and dropdowns on a web page and then some youtube quality CGI video of some girl she knows meets some boy and there's a teen pregnancy and then tragically one of the CGI characters... Or rather than your social network, you get to pick "stars".