John I have the same reaction to this that you do. Pretty cool as it is a natural adaptation.
But, sadly, I seem to remember reading that the policy reaction of the Canadian wildlife personnel is to shoot these hybrids as soon as they are identified (though when I just Googled it I could not find a reference). It seems that they are much for ferocious and aggressive than either grizzly or polar bears and are deemed too dangerous. Hopefully that is not correct. Best let nature alone.