I’ve seen prototypes for gloves like that (only as a mouse). And I don’t think tactile feedback is everything, you see people usuing the tiny keyboards on cell phone screens, and once you get used to it, you really don’t need it except for few occasions. I think your right that some people (heavy users) will pay for that, but I believe the cheap way to go will be to ignore that.
And I have got to play that. :D