Seems interesting. Apparently there are quite a few in recent years that have used alternate proteins such as soy and peas to create non-malt, or low-malt beers.
While I can't say anything in regards to the flavor or texture, I imagine that using tofu, a more refined soy protein as opposed to the soybean itself or soymilk, would prevent "soy" flavor problems. However, the fermentation of soy tends to become a bit odd from what I recall.
http://beeradvocate.com/beer/style/168