From what i've read, it is interesting but not yet practical for energy generation. More energy is consumed by the radio frequency device than is produced for burning, so it's not a very efficient method at this time.
Kanzius says if someone wants to buy up the rights to the technology, that would be fine. He wants to use the funds to finance his quest to cure cancer.
http://www.youtube.com/watch?v=4kKtKSEQBeI
Brendan Baker
Senior Editor
Engine Builder Magazine
www.enginebuildermag.com