It really doesn't matter how totally awesome the Kinect is -- hardcore gamers have moved on from motion controls (and it's arguable how much they ever really cared in the first place) while casual gamers have left the console scene almost entirely.
Couple that with the fact that no third party developers will bother to make an exclusive game that leverages these capabilities (as they'd then be excluding their game from a huge amount of sales on the market leader) and that Microsoft themselves don't seem interested in trying anything unique and it's basically just Wii 2.0 -- developers trying to leverage a dwindling casual audience with sports games and dance games where we spin around and waggle.
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