I'm actually still confused on when it tells you to "draw" your card. It didn't show up anywhere in that video other than just telling the player to draw (or search being the better term).
-edit-
The more I think about it, yeah, I pretty much agree with Fuzz on this.
1) You have to buy an extra accessory.
2) You have to buy the cards.
3) Registering every card in your deck one by one will suck.
4) Modifying your deck is going to be just as annoying (because you will modify the deck after most games).
5) There's no point to the cards. None at all. Furthermore, you have to line up the cards just right to get them read.
6) You can still print your own cards.
7) There's no depth to the game. This might be good for people that don't do CCG's (you know, the people that this game isn't marketed towards) but anyone who has even played Pokemon will see an extremely shallow game.
8) In any tic tac toe type of game, the player who goes first has an extreme advantage.
9) Those animations for drawing, playing a card, summoning, getting mana, casting a spell, attacking, defending, and everything else better be skippable (which they won't because it's two player across distance). They will be cool for the first few games but they will get old very quickly.