Microsoft's Digits hand-gesture sensor bracelet detailed
bbc.co.uk
bbc.co.uk
If the device is made viable for gaming and mobile phone usage, there is the potential for many other users to benefit as well with other applications of the device.
Microsoft is positioning itself to be the author of leading OS's running in all of these environments, so they should build in gesture support that uses any form of gesture capture available and possibly even pools all devices available in a given instant to improve fidelity. e.g. These wrist devices are unlikely to be perfect, nor are Kinect devices, but both of them working together should be able to improve overall fidelity.
If Microsoft does this well enough, it may one day seem strange to think of a computer that cannot "see" you. Perhaps that's a bit creepy...