It has this weird camera attachment that apparently can track the movement of my hands and stuff... Don't know what's up with that, but its cool.
No but seriously... Anyone else noticing that much of the time the Kinect is mentioned and how it makes "core" games better, it's normally just voice commands? Even most of the Kinect UI stuff they're showing off is nothing more than voice commands. In particular a funny moment was when Geoff Keighley interviewed the Microsoft guy who was talking about how Kinect makes the Mass Effect 3 experience better, Geoff asks "Couldn't that just be done with a microphone though?" and the guy gets all butt hurt "Well, I GUESS." and continued to be ever so slightly sour the rest of the interview.
I'm not sure, but until they can find a way to make a good game that isn't on rails and allow you to somehow control the movement of your character effectively, I'm pretty sure you just bought yourself an expensive microphone.