Y'know what? I hope this is the beginning of a stronger partnership between Nintendo and Google. Pokemon is pretty much the only system-selling franchise Nintendo has left, and working with Google on online integration, and perhaps even an AR pokemon game for Android (as hinted at in the video), would make the company a ton of money, and wouldn't technically count as being a pokemon game going mobile (as I'm sure you would be able to integrate the Pokemon into X and Y or whatever).
It isn't a Pokemon MMO, but it's probably as close as we're ever going to get.