He makes very valid points. People refer to this as hype. Really?
When Natal was shown, people said " How will FPS work with that? " I said exactly what Molyneux has said 6 months ago. If you have to ask that question, you are not thinking out of the box. And thank god people who design new tech do no think that way.
FPS's as they are now were designed with the limits of a controller or mouse. With Natal FPS's wont exist, but will evolve into a new genre. Something much more advanced than say a lightgun game. New tech requires new genres and thoughts.
With this Molyneux is spot on.