HT to Korea Beat. The Original Korean language article can be found here.
Only good things can come from forcing pitchers to throw a pitch in 12 seconds. The faster pace should make for better, more fan friendly games. Usually, a faster paced game means that the players will be more into the game. Fielders hate standing around and watching. I might actually get home before 11 PM on a school night. There are few sights more depressing than looking at a scoreboard clock, seeing that it reads "9:30" and realizing it's only the 6th inning.
Whenever this gets brought up, I feel the need to link to my favorite regular season baseball game that I've ever seen live. 99 minutes for a 9 inning game. No greater feeling than watching a full game on a Saturday and still having the entire afternoon to goof off.