Transmutation is nothing new (and it is not the same as "cold fusion"). It's done all the time to make radioisotopes for biological research. I want to know how this guy from Mitsubishi claims to have done it. I seem to recall reading something last night about how this is being developed as a means of dealing with nuclear waste, and not as an energy source.
Production of radioisotopes involves either a fission reactor or a particle accelerator (very high energy processes). The radioactive resulting materials are then typically affixed to an ion-exchange bed, and "milked out" as needed.
Iwamura has done it by simply forcing the passage of a flux of deuterons through a layered matrix of palladium and his target material...a very LOW energy process. And according to existing theory....totally impossible. Energy of the deuterons is in the eV range, far too low to "force penetration" of the Coulomb barrier. So how do those deuterons (or other particles) get into the nucleus of the target material???
Though this is not the normally conceived "cold fusion", it suggests quantum mechanically modulated effects that are similar.