Japanese horror film director Takashi Shimizu is apparently working on a new Wii horror game called The Feel with AQ Interactive. Shimizu is probably most well-known for his Ju-on series of movies ("The Grudge", etc) and will serve as the game's "horror adviser".
The Feel will have players exploring a haunted house armed only with a flashlight controlled by the Wiimote. A bit reminiscent of the unconventional choice in weaponry in Fatal Frame 4. The flashlight's battery will also serve as the player's health meter, but I have no idea how that works.
The Feel is scheduled to hit Japan this summer, and so far there's been no word of an overseas release. I've gotten a bit depressed at the chances of a Japanese Wii horror game getting released outside of Japan thanks to what happened to Fatal Frame 4. Hopefully this doesn't end up having a similar fate.
As long as Nintendo's not the one handling the publishing then I guess there's still a chance that this could get released overseas since they can use the whole "From the director of The Grudge" angle to sell it.