Yes exciting. But would be even more exciting i f someone can figure out how to do this from two wallets and use it instead of email.
Wallets can do the encryption and decryption, sure, and in a sense, member.cash *is* a wallet.
If we added a dust stamp to each trx, even a light wallet like electron cash could request and decrypt messages.
I think it should work independently of the wallet. The wallet providers would only have to adopt the technology from @FreeTrade