I understand Loctite are working on a new type of super glue that only sets when it comes into contact with them. No longer will you need to super glue baits to your hook - all you need is the glue on the hook.
Further rumour suggests that Fox will beat them to it.
I think it's an interesting study in robotics and underwater you don't have the constraints that the gravitational pull puts on your models. It will be interesting to see how far it goes. Hey, we aren't paying for it (maybe a tiny amount through tax) so why quibble? Could be the toy to have in 2010.