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Here's exactly what I'm imagining.  Based on the dev kit and controller we could see this possible in every game as default with no sacrifice to traditional control methods.

http://www.youtube.com/watc...

How is it people are not more excited for this! It significantly enhances your immersion in the game world and offers a very cool 3d effect with no need for 3d glasses or tv!

Even better imagine it used in tandem with 3d glasses and you have a 'holgraphic effect' which was eluded to by a sony exec more than a year ago (can't find article)

http://www.extremetech.com/gaming/143740-the-3d-display-that-tracks-your-head-for-a-true-holographic-effect