Someone thought it would be a good idea to take a Quake-style arena shooter, doll it up with Cryengine 3, and then release it on Xbox Live.
That's what Nexuiz is. It certainly seems like a good idea, but you'll have to wait and see if the execution ended up alright. I haven't played Quake III in a while, and I certainly didn't play it with an Xbox 360 controller, but what I've played of Nexuiz, I've enjoyed.
If you're interested in the title, we might have an extra download code or two lying around for you. We'll have more details for you tomorrow.