Standing 'seats' in economy class

As if we weren't cramped enough in economy class - Airbus wants to 'revolutionize' yet again airline travel by proposing a 'standing' room concept in their A380. This will allow them to squeeze 853 people in.

Now isn't that a nice prospect? I understand that oil prices are growing, but that's pushing it ...

Here's an idea of what those seets would look like. The full IHT article is here.