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Can Move and Kinect save a sagging video game industry?

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Now, Nintendo's two biggest competitors are hoping to pick up where the Wii left off. On Sept. 17, Sony released the PlayStation Move, a motion-sensing peripheral for the PlayStation 3. The Move works a little like the Wii. The player waves around a plastic wand topped by a colored bulb (the controller looks a lot like a flashlight or a microphone), and the on-screen avatar responds accordingly – yet with much more precision than the Wii can offer.

Sony says the device will work with a range of PlayStation titles, including Tiger Woods PGA Tour 11 and a new wizardry game where you wave the Move wand to cast spells. Price points vary. If you already own a PlayStation 3, you can pick up a Move Starter Bundle – which includes a camera, the wand, and a game called Sports Champions – for $100. Or you can buy a new PlayStation 3 with Move and Sports Champions for $400. (A new Wii costs $200.)

Sony is positioning the Move as the device-of-choice for hard-core gamers. Whereas the Wii had cute, fuzzy animals and go-kart racing, the Move will bring motion-sensing technology to shooters, adventure games, and graphics-heavy studio spectaculars.

Meanwhile, the Xbox Kinect doesn't require any controllers. The hands-free device, set for release on Nov. 4, consists of cameras that read your body movements and microphones for voice commands.

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