Yes, this would be cool but I rather think they will stay software only but
name what exact specs are required to play 1080p in Theora.
Based on my tests with Theora in higher resolutions (720p / 1080p) I would
say not need a system capable to decode 1080p coded in h264 without hardware
acceleration in order to play 1080p lib-ray files.
For me this is currently one of the show-stoppers for lib-ray since hardware
based GPU acceleration is at least available on most NVidia and ATI cards
with proprietary drivers. All my systems are only capable of playing back
1080p with hardware support from the GPU.
It would be way cool if Intel supported hardware-based Theora decoding in one
of their next mainboard GPUs.