Leap Motion CEO and co-founder Michael Buckwald, declared, "We've already seen developers propose exciting applications for the Leap that we hadn't even imagined, and look forward to even more. We can't wait for Leap users to experience the applications when the product ships in early 2013."

The video certainly makes it look compelling, and I've already pre-ordered mine. I do take concept videos and pre-release vaporware with a proverbial "grain of salt", though. Many never actually materialize. I'll keep my fingers crossed that the Leap can live up to its hype if and when it arrives.

Leap Motion is still encouraging developers with innovative ideas for the Leap to . Consumers can pre-order the device for $70 (plus shipping and handling) from . It is projected to ship in early 2013.