As the folks who created this idea point out, the t-shirt was the status update before the status update was invented.

FORBES: I Saw The Future Of Advertising And It's Pretty Awesome

So, if you have an idea for the product team, you can type a couple sentences on the status update to get some feedback.

FORBES: Chatter: Bringing Facebook to the Enterprise

There is a slide show in the story, and you may learn the most about the product by skipping ahead from the two product shots to the third slide, a marketing update (note to whoever sent this: Probably not a good idea to send images that indicates where you sat during the meeting.) Nothing about the advantages of Palm.

FORBES: HP's Tablet Leak on Partners, Marketing

Update 26 October 2012: Lord Bichard has asked us to clarify that he was floating an idea at the committee rather than making a firm proposal.

BBC: Lord Bichard: Retired people could do work for pensions