The answer depends on how much of a conspiracy nut you are.
The technology is able to stop rootkits taking hold in critical parts of the filesystem, but the same technology can be used to prevent loading an "unapproved" Operating system - where Unapproved is defined by the maker of the system, not the owner of it.
I believe that (at the moment) Secureboot can be disabled in the BIOS and any system can be booted. It is, however, possible that a manufacturer could remove the functionality to disable Secureboot [ Maybe a big OS provider throws money at them ], which could limit what can be done with it.
To have a look at "What is possible", consider Smartphones. Some [ like Google and Samsung branded phones ] can load any version of Android - eg supported by Cyanogenmod, while others are locked into the OS which they came with and can't be upgraded - I believe LG do this, and Motorola used to do this (My wife had a Motorola which can't be upgraded from an ancient 2.x version of Android - forced obsolescence - I do note its possible Motorola have changed as they are now owned by Google). Anyway Locked bootloaders are commonplace in Cellphones, so if you are looking at the impacts, it might be a useful place to draw an analogy from.
The only exception to secure boot being disabled is on ARM based devices. In both the case of Android and Windows the boot loader is locked. There are solutions to that problem with android but with Windows RT devices technically you would find it very difficult to load another OS on it because of secure boot. Of course ARM devices don't have BIOS in the traditional sense either – Ramhound – 2014-01-10T19:36:14.243
1hmm....one of the reasons I use desktop boards is because of their flexibility as compared to prepackaged units or Tablets. that's bad news – ZCoder – 2014-01-10T20:26:55.583
Just to be clear for others (I believe I misread your post @Ramhound initially), currently Secureboot can be disabled on x86 based devices, but not all ARM based devices. I agree on this - but in the future I am sure at least some Intel devices will not allow secureboot to be disabled. – davidgo – 2014-01-10T20:27:40.173
AFAIK I've been using and AMD APU in a UEFI-compatible bios, but haven't seen the option; I didn't know if it was there and having effect or if it's simply not present and I wouldn't have to worry for a year or so. – ZCoder – 2014-01-10T20:30:13.597