Running on air and _Compressed Air_ are two different things...

From what show is this? Something new?
I try to watch most things with those guys but I didn't see this one.

I'm pretty sure it will sell great in Japan - you know - where Sony headquarters are...

Turkey?
Then why they are speaking Polish on the tv?
Unless he is Polish but bought the phone in Turkey or something...

Yes it's fake/scam. Even if you don't know how computer graphic work you should be able to tell from the way the guy is talking or rather bullshitting.
But people and investors are sometimes gullible, especially if you show them something shiny. That is why the first comment had -1 points despite the fact it was correct and the idiot from second comment got +6.
Just notice that in every demo of this technology there is just a bunch of the same objects being replicated. This is the only way this will ever work. Other problems are animation, lighting and shading - that is why it looks kind of crappy even with "infinite" details.