Interesting. Isn't MTL using something similar already? Like for their wood-sided billboard reefers and graffiti cars?
The Xerox printer has the same issue as the one MTL uses - you can see the process raster dots, and the resulting soft edges. 1200x1200 resolution sounds good, but in four-color (CMYK) process, that's only going to give you a rough dot. I didn't notice stochastic dithering, but that's awfully hard to determine from the videos when they wouldn't keep the damn camera still, always panning the samples.
In so many words, too rough for models at this point. The packaging and "product personalization" markets are a natural for products that can tolerate the "cheaply done" appearance and gamut limitations. However, I see it advancing alongside 3D printing. Not today, probably not tomorrow, but maybe 5-10 years from now.