Who needs Microsoft’s Kinect or even PlayStation Move when the PlayStation Eye is capable of translating all of your sweet Kung-Fu moves into the gameworld? That’s the promise of Kung-Fu LIVE, which uses the Eye to read your movements, allowing you to kick ass like Bruce Lee right in your living room.

“The trailer showcases a lot of the over-the-top action that players will be seeing very soon during our global demo tour for Kung-Fu LIVE,” said Teemu Maki-Patola, CEO of Virtual Air Guitar Company. “As gaming is increasingly becoming more of an active physical experience with technology like PlayStation Move, we’ve strived to create a game that is fun for players of all ages. Building a unique fighting experience for core gamers, families, and fitness fanatics alike was our greatest challenge, and we’re more than excited to share our creation with the world at these upcoming events!”

Kung-Fu LIVE will be bringing all of its martial arts action to PAX and Gamescom, where attendees will be able to play the game and compete for prizes. The game will launch later this Fall on PlayStation Network.

If I didn’t know any better, I’d think I was watching a Kinect commercial, but apparently VAG realized they could get the job done for PSN with the Eye instead.  Nice work.