Sony Computer Entertainment will release its much-anticipated PlayStation Move motion controller for its PS3 this fall.

The new controller offers a motion-based, HD gaming experience, and will be augmented with a sub-controller that can be used along with the primary controller for intuitive navigation of in-game characters and objects.

The combination of the PS3 system and PlayStation Eye will allow users to intuitively play as if they are within the game. PlayStation Move motion controller uses a three-axis gyroscope, a three-axis accelerometer, and a terrestrial magnetic field sensor, as well as a color-changing sphere that is tracked by PlayStation Eye camera to create 3-D illusions.

No pricing information has been released for the new product.

The controller has already caught the attention of third-party developers including Warner Bros. Interactive Entertainment, The Saul Zaentz Company and New Line Productions, which have just announced the launch of The Lord of the Rings: Aragorn’s Quest videogame. The family-friendly game will be supported by the motion controller technology and is based on the films and literature of The Lord of the Rings trilogy. The title ships to North American retailers this fall.