That's exactly what I wish to try (when I have my Razer Hydra). Could you check this and see if it works:
Code:
<name>Point Right</name>
<conditions>
<tilt_gesture>
<controller>P1R</controller>
<direction>right</direction>
</tilt_gesture>
</conditions>
<actions>
<key>
<which>down</which>
</key>
<key>
<delay_on>50</delay_on>
<which>down</which>
</key>
<key>
<delay_on>50</delay_on>
<which>right</which>
</key>
<key>
<delay_on>100</delay_on>
<which>right</which>
</key>
<key>
<delay_on>100</delay_on>
<which>0</which>
</key>
</actions>
</binding>
I did what you said and bound it with the right controller tilted to the right.