I don't think you're missing anything at this point. I don't own it, but have played on it several times, it seems to only read large motions (no fingers for Minority Report type feel). I think they removed the necessary processor for that level of accuracy.
The games on it are fun distractions but I haven't seen anything on it that'd I'd want to play a second time (maybe Dance Central, but there's plenty of other Dance games on other systems).
I'm waiting for some deeper games and better utilization to come out before purchasing myself, else it'll be 'collecting dust in the closet' like so many Wiis (supposedly).







