Webpack needs updating to latest

[EMCP]

This is more of a note to myself, and others who may stumble upon the project in it's current state and install webpack at it's latest via NPM@3.10.8+

I had to lock in a specific version of webpack in order to get this to run, seems a lot of config keys were renamed / removed.. and the project won't startup without them updated.

see angular/angular-cli#2234
or PatrickJS/PatrickJS-starter#1019

npm install webpack-dev-server@1.16.4 --save-dev