Virtual Thoughts: Is the Hypervisor moving into Hardware?

During the Virtual Thoughts podcast on 6/29/2010, the analysts discussed various hardware aspects of virtualization trying to determine if the hypervisor was to move into the hardware? and if so how much of it? as well as whose hypervisor? and lastly such a move part of any business model?
Virtual Thoughts is a monthly podcast that looks at the entire scope of virtualization to discuss new trends and thoughts within the virtualization and cloud communities.
This weeks podcast started with a discussion of TPM/TXT and the boost it gives to virtualization security. Since TPM/TXT is based in the hardware and provides a measured launch of an operating system, the next logical discussion was on whether or not the hypervisor would be placed into the hardware?