I believe that this technology is a good technology, because if successful in the long term it could give those without a viable arm the opportunity to live a more normal life.
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Images:
http://www.gizmag.com/go/3503/
http://en.wikipedia.org/wiki/Brain–computer_interface
https://news.brown.edu/articles/2012/05/braingate2
http://www.infohightech.com/people-with-paralysis-control-robotic-arms-using-brain-computer-interface/
http://pixshark.com/somatic-motor-cortex.htm