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The Milo demo, was being demonstrated to a closed audience at E3, so although the milo thing has more potential than the video they showed, what was shown in the video is real, right now tech. Not just potential. It's hard for time constraints reasons, to efficiently show it at the main floor during their conference.

Also, people don't realize, sony's tech is more the camera than the controller, microsoft could just add something even simpler, smaller etc, with even more precision because their camera sensing tech is superior to say the least.

I believe however that it can be just as precise without a controller period.
Sony announcing a release date means squat. They announce release dates for everything and miss those dates alot. I think they announced a date to try to remain at an even keel with what Microsoft showed off. It actually worked for some people.

Sony is not to be trusted with their cool tech promises, the eyetoy and pseye were announced and subsequently released ages ago and the best they have to show for it is another tech demo with the pseye......real trustworthy sony. Home, same thing, eas pushed back endlessly and in the end it was still rough and rushed, and boring, and all FAIL. Sixaxis, wasn't the tech demo for the sixaxis tech pretty cool?? has any of that happened?? no