They do need to make the characters have superhero abilities to move around because currently it's just painful to watch their gimpish run, and travelling through menus is just lame.
Once the loading times are gone, I could see it being OK. The cinema thing (well, a few ideas) is a good idea, and if they fully backed it with a big budget, and if Move took off, Sony could have a successful casual console.
Wait, that's not what I want.