I'd really like to see more participation and review from the Web Audio team on this. I think implementation experience is good, but there are a lot of unanswered questions on the interaction with web audio (and in extensible-web style, we should be thinking about how the high-level "play this media to this output device" is mapped to low-level features). Not only is the web audio link not discussed with the WG, there are significant issues around symmetry with getUserMedia (knowing it's the same audio clock for both devices is important), multichannel support isn't clear, ...
I don't think this needs to block any progress here, but I think it will need to be a clear partnership and picture between Web Audio and this feature prior to shipping.
(+Hongchan, Raymond and Jan for Web Audio)