I don't think you're a luddite. With any technology like this, it's important to ask: what applications does this really enable and will those applications simply be a waste of time.

This is an unveiling of a technology but the "applications" they show in this video are probably a waste of time to most users. Google have not shown a killer app that uses this tech. Maybe they're working on something (they hint that they may be planning to integrate indoor mapping into Google Maps which might be interesting) but they're not showing it in this video.

That doesn't mean the tech is bad. But we haven't seen enough to judge it as useful to end users.