Perfect storm for gene therapy?

I’m currently reading Craig Venter’s book Life at the Speed of Light and getting excited that genomes are heading towards information technology and its inevitable exponential growth.

Then I come across an article in this week’s New Scientist about a new fast and powerful technique for genome editing with the added bonus of being patent free:
http://www.newscientist.com/article/mg22129530.900-right-on-target-new-era-of-fast-genetic-engineering.html#.UutJVLTj0pU

And all of a sudden yesterday’s big news of a revolutionary approach to stem cell generation – again with a quick and simple technique.
http://www.bbc.co.uk/news/health-25917270

I don’t really understand how it all works, but it certainly looks like a perfect storm of information technology and clinical technique where cells for any part of the body can be produced (from stem cells) and can also be tweaked with either repairs to bad genes or the introduction of specialist new ones to target everything from inherited diseases to cancer.