The idea has a huge amount of merit, not necessarily for Bitcoins.
Suppose I start a company and decide to issue its shares as a block chain. Instead of miners getting 50 shares each, the block chain would be programmed where I just issue all the shares up front to the proper shareholders, etc. The block chain is used as a means to buy and sell the shares on the peer-to-peer stock market (which doesn't exist yet). Miners maybe get transaction fees.
In such a case, proof-of-stake voting might be fantastic.
But I don't see what relevance it would have to Bitcoins as they are now known.