More nano transistors per chip
"The current method for making faster silicon chips is expected to reach a technical dead-end in about a decade."
Moore's Law has been facing challeges for a while now as exemplified by the shelving of the 4 GHz Tejas processor in the recent past by Intel. Scientists have been working on various longer-term alternatives, including biological and optical computers. There has even been a suggestion to build multi-layered processors (dont ask how those layers are to be cooled though!).
Nanotech presents what looks like a much more feasible solution. Though the given date for commercial availability of the technology is only in 2012, that is still much earlier than the 2020-2030 being touted for some of the other alternatives.