It’s fantastic to see Yet Another Cool Thing created using the Nintendo Wii hardware:
Since the Wiimote can track sources of infrared (IR) light, you can track pens that have an IR led in the tip. By pointing a wiimote at a projection screen or LCD display, you can create very low-cost interactive whiteboards or tablet displays. Since the Wiimote can track upto 4 points, multiple pens can be used.