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For this to work, there would have to be some kind of a button on the stylus, no? Otherwise you'd be accidentally moving things. Without the "3d" aspect, it would be hard to see where to point to manipulate objects.

Also it would be too easily copied by Microsoft and Sony, who are developing Motion Control + 3d systems of their own.

Again, I was almost sure they would do this, but I'm thinking twice. It might be something entirely different. Something tells me "3d" is a big, giant red herring.