Think about the nintendo game pad... if anyone of you can remember back then. The "surf pad" could determine where the pressure of your feet is on the pad. Could be cool?
now a days.. its not a question of "is it possible".. of course its very possible. The real question is, is it profitable. Honestly, surfing may be more main stream now a days, but its still no where near the popularity needed to make a video game... a good video game.. Transworld surf for xbox was kinda sweet, but I dont think they made ANY money off of it.. The demands just not there.
And frankly, unless you surf, surfing video games are boring as ****. Most people I've seen trying to play Transworld surf just didn't understand the dynamics of surfing and how to gain speed and do maneuvers and couldn't enjoy the game.