I loved the power glove but it was no way as sensitive as the wii remote, for obvious developement reasons, but its nice to know nintendo had the idea along time ago, before the snes even.
Oh and heres a mod, it connects the wii remove to the powerglove, but the mod the guy done is so lame.

He removed the 1 and 2 buttons, and connected them to the thumb and index fingers of the glove.
so when he touches his thumb to his palm, or finger to his thumb, it acts exactly like a and b would.
Some problems of this is, no one wants to buy a remote to take apart and destroy.
If i had modded it, id of just soldered the wires from the original glove straight to the a and b buttons of the wii remote, simple as that.
And you could go even further with it, for example, remove all the wires and ultrasonic sound shit cased inside the power glove sensor, rewire the original finger and thumb back through the glove, into the old sensor casing, down the enclosed plastic tubing, out the other in, into the back of the wii remote, and connect onto the buttons.
For the wii sensor led, just unsolder it, extend the wires, and run it through the plastic tubing, up to the casing of the original sensor and cut out a nice sqaure hole in the middle, glue the sensor led in place, and there you have it.