Third graders doing algrebra. Is this new math ready for statewide use?

The Oregonian reported today that the Lebanon school district third graders are learning algebra! Over 80% of Lebanon 8th graders passed the official state math test. This is a lot better than the state’s 66% average.

It is part of a “new” math called Cognitively Guided Instruction. Is this new-new math? Should this be replicated statewide? If you know education issues your input would be greatly desired.