This is possible, at least theoretically, thanks to Core Graphics. What you read is correct; CoreGraphics does, apparently, allow for remote hosting.
However, I don't know of anyone that's done that for Quartz yet. I suppose it can be done, but I don't know of anyone trying it. Perhaps we'll see this from Apple for Final (in fact, I get the feeling this may be one of the "surprises" Steve was talking about).