What do your friends want to do with Move that makes Move support so valuable, that it isn't old hat and been done by Wii or cameras, or wouldn't be more novel and interesting if done controllerless with Kinect?
The Wii doesn't have x/y/z in space, and it doesn't do AR. Some of the stuff done on Kinect on PC would work much better with Move, like the light-sabre stuff, the draw in 3D stuff, etc. (it's a pretty long list!) Everything that involves basically a '3D-mouse' is cool and interesting to me. Multi-touch and more importantly 3D multitouch with rotational input to boot would also be neat. I can make a long, long list of things that I would love to do or see done with Move, and a crucial difference for me would be that most of that would also be actually useable day to day. And I'm sure there could be new things as well.
And yes, there are a few more recent devices that have similar capabilities as the Move, but the Move has already sold millions. Any competition is probably lucky to have hit 100.000.
EDIT: this one here comes in the region of some of the kind of experiments that you could see. It just scratches the surface and uses a webcam with a sixaxis with light/visual detection, though this particular one scratches a lot of surfaces. But I think this is the type of thing you need to see after you've watched some Kinect stuff, to see the difference in smoothness.