Might as well update this...
I showed the Wii trailer they showed at E3 as well as the E3 Red steel trailer to my 12 year old nephew, who is a hardcore Sony player. HE LOVED IT! He was extremely impressed with the controller and the games. He loved the Red Steel trailer the most, though. He was extremely impressed with the sword fights. He even told me that he couldn't stop thinking about how he would look playing the games and wanted me to show the trailers to everybody.
About the name, he didn't mind it much because he was too impressed with the games to care.