What is QEMU and why do I care? It would be helpful if that had been in the first paragraph. I am going to dig deeper, but I'm sure a huge number of people didn't.
1. If it's on the front page of HN then a lot of other folks around here probably know what it is already.
2. If it got voted up fairly quickly, it's probably also a big or important technology that I should familiarize myself with, at least superficially.
It's an emulator for a wide variety of hardware platforms. You'd care if you wanted an emulator for a platform it supported.
But this is an old, well-known project. If you put "QEMU" into Google, literally every single hit in the first page of results is about it.