I do not even know why the introduction is just saying the name of the Australian man. I guess it should have more back-story in the post since going into another link would take up too much time for others.

Good for Jim, since Bitcoins value can reach higher values and it depends on him on when would he take out that money. Its really good to have a valid contract that indicates Bitcoin as payment in physical properties. We should expect more news about this kind of things.