Much ado about nothing as far as I can see.It's almost guaranteed it's just data acquisition.Honda did it for years on their CR's.
In order to be a traction control system it would have to be hooked up through the trans in order to have a way to regulate traction.It would then require a suitable cpu to run it as well as related wiring and such.As far as that goes,slipper clutches are a form of traction control(for that matter,what about a Rekluse?) but to do it electronically would require a solenoid of some sort to slip the clutch in low traction situations.If it was an ABS system,it would require a cpu as well and a pump set up to regulate brake pressure.Because MX sometimes requires one to slip,slide and spin,the chances anyone will try to gear up an electronic traction control system is slim to none-and it's unlikely anyone would want the weight penalty-or a slipping clutch on a 4t.
If it's not data acquisition,it wouldn't surprise me if it did nothing at all other than to try to get into the heads of the other riders and teams.In Pro racing,it wouldn't be the first time.