Awesome new Motion Controller from Razer & Sixense

CrunchGear tech reports about a new motion gaming controller that works similar to the Wiimote. The Razer Sixense,  is thought to be designed essentially for gamers to control a range of functions on their computers including moving around and controlling weapons.

"The scientists and engineers at the two companies have been working on developing the precise one-to-one motion sensing controllers that make use of electromagnetic fields to track movement along all six axes. The absolute position of the controller can be tracked to within one millimeter" via

Phew, hey, with this degree of precision, to instantaneously determine position and orientation, its not difficult to envisage it appealing to many other types of maneuvering navigation skilling services applicable to space, aeronautics and defense ?