Looks amazing, I guess it simply wasn't possible (or extremely difficult and expensive) to create something like this before the advent of miniature+powerful computing. I wonder how else can ICE's be improved with more onboard processing power

Probably totally possible with late 80s tech in ECUs. They already had dynamic spark retardation and fuel maps that changed based on rpm/speed/other factors. Freevalve to me is another natural step after that. We already see dynamic valve timing with VVT and the like. Now it's just infinitly variable. Another benefit is that you are able to tune at all RPMs and produce more horse with less power. I love it