Yes I saw that this morning at the conference. I'd like to say it's great, but in all honesty from looking at it it seems really really lame coming from nintendo. Read what I said in the last post, putting a wiimote in a shell doesn't magically make it as accurate as a lightgun. Now accuracy issues could be fixed via in-game calibration, but seeing as how the zapper games all have big cross-hairs on the screen, I'd say they won't do that.
With that being said, it's only 20 bucks and it comes with a game, so it's still not a bad deal, I just don't know how well it'll function.
Could be worse though, it could be the new official wii wheel. When Reggie debuted that thing I almost fell to the floor laughing, you could hear crickets it was so quiet.