While touted as a “mouse for your TV,” the Loop combines motion control with the familiarity feel of a mouse packaged in to an ergonomically friendly circular design.

Control the Loop pointer using four buttons and scroll wheel.

Further more though is the motion control. Freespace motion control technology allows “in-air pointing” – by moving the loop around in mid air, the cursor on the screen moves, using natural hand movements.
There is also built in compensation for hand tremors for those without fluid control.

Of course I see no reason why this would need to be held in an actual hand.

[via popgadget]
[Popgadget Personal Technology for Women: Get in the Loop with Hillcrest]