The Future of Bill's Dream

I have an image of the great story of Bill Gates. In my image, Bill is still striving to get enough time on the PD{8 he used at Lakeside. From then till now I see Bill as trying to build a one world OS. He has come close.
Now he is beign really challenged. The web makes it all too easy to imagine a computing environemtn where the real OS is the web and the local OS shrinks to managing the disk and other HW. I will write more about this later but for now here is an interesting article on what could be an effort by Adobe to virtualize applications so they no longer depend on the loacl OS.