From the interweb:
"One form of disturbed-reticle sight uses a laser beam to project the spot on the target and is called an "aiming light". ... It is an object of the invention to provide a gun-sighting system which is an improvement over disturbed-reticle systems."
My research (and asking questions) seems to indicate it's a large, heavy system, that involves a laser range finder, a gyroscope and keeping a separate dot on the target.
Sounds to me like it's way too heavy and too large to carry on an infantry rifle, and I wouldn't want to try to use one outside of an armored vehicle.