Kinetic promisses a lot, but "the road to hell is paved with good intentions".
What I expect from Kinetic is a fancy way to control my TV without a remote and a huge load of party games. Perhaps between Kinetic Fit and Kinetic Resort they launch something interesting, but these will be few and far in between.
Even if all work well, I expect the 1st generation of Kinetic games to be a mix of experimentation and hardware tunning. Hardly a smooth sail. At least the PS3 Move can borrow some of the Wii background.
I just hope between all these new fancy hardware someone remember to shove some good gameplay in the mix.