This looks similar to what Micasavera offers, but with serious limitations.  Where Micasavera is better in my opinion is that you can write code on it allowing you to really customize it.  There is a forum on their site where users discuss and contribute their code, similar to Misterhouse, http://micasaverde.com/.  Plus since it is on the network and you can write your own code you can have Misterhouse and MicasaVera talk to each other as I do.  Also you pull up your Vera over the web via HTTS, but it is completely free, unlike what Lowes is offering.  BTW, I am not employed by Micasavera in anyway, I just really like the product.

Regards,
Chris