jglass, I think the major obstacle to that is Kodak has an over capacity and struggles produce film profitably. That would be compounded by a world wide glut in capacity. A foolish plan to buy into.
Their CCD/CMOS tech especially space based imaging could be rolled into Rockwell International. Pro level digital backs have a market, and Kodak is a leader but I don't believe there is any cross fertilization between the two divisions. That would be another divested division.
As reported in the article, Kodak is entering into a field that is already crowded with strong tech companies. My personal opinion is that they will find it difficult to compete which will kill their R&D budget, which will wither the effort. I feel that the effort will match the DCS line of pro dSLRs.
Their consumer line of P&S cameras are all Easy Share. My personal feeling is a product named after a marketing slogan is pretty weak. But they are shouting that line from here Andromeda. I rarely read DPR, but the last time Kodak had a product that was recommended was in 2007. They really have 0 presence on line. Consumer p&s cameras are commodities, hey may as well be selling bushels of wheat. They don't innovate there nor offer anything above a Wal*Mart level.
What Kodak has is brand recognition but there is a problem there also. When AT&T was bought by the Baby Bell SBC, SBC changed their name to AT&T. AT&T had a very, very strong name in telephony, nobody in Joisey had ever heard of SBC. You would have a tough time selling that brand.
The Kodak legacy is just that, a legacy product that is part of history, not the future. (I could see a Chinese Lucky Seagull Happy Easy Share camera with a Long March edition.) Kodak is a museum moniker. Their past track record of digital is one of good starts then abandonment, DCS Pro dSLRs, the DCS Proback.
This is just my opinion, the company has very little future. Anyone that has ever invested in a 401k or bought shares as part of a savings plan would look at it in this light.