Renshui has designed a futuristic faucet that uses an integrated chipset to control water temperature and a touch-based interface to control water flow. As cool as that tech sounds, I'm not sure it's any better than the classic two-knob setup. A neat touch that I wouldn't mind in future sink faucets, showers, etc: the Renshui faucet displays the exact temperature of the water, so you can easily get the water to your own perfect temperature.
Very cool, but you would obviously have to hook up that faucet to electric in addition to the plumbing. Any price tag on this pimp?