Well no, right now it may feel that way.
But kinect is only a foot step from something better.
Augmented reality is going to be a big thing, and the technology behind kinect is going to go a real long way.
Already new tech is coming out around kinect. But it just may take some time to come to fruition.
I think it'll be a really long time before something worthwhile has been created. It's just I can't see a future anymore for his piece of crap, creating the movement for a Kinect game seems a little too difficult for developers now a days and all they end up doing is these 'on the rails' games as they are called. As well as that the requirements are a little too high for how much space is required as well as no finger and barely any leg tracking. I can imagine them scrapping Kinect and creating a new more advanced type of this technology rather than Kinect every becoming successful. That's just what I think anyway, until a dedicated Kinect developer comes a long with some original and amazing idea that really utilizes the full potential of Kinect, it'll always be a waste of money to me.
I'm with you. If Kinnect is the future of console gaming then I am glad I have a PC.
They said PC gaming was dying, but I think Kinnect was the shot of adrenaline that will stabilize it while people like the fine people at sandswept(and the seedy people, everyone at sandswept has a hand in it) resuscitate it.