Im really unclear on how this would work?
Is it a stream service like onlive? or a PC console, if you like?
I like the sounds of living room connectivity, one of a few drawbacks of PC gaming for me.
If its like a console, how will they stop it becoming obsolete? The good thing with consoles is that games are written with specific specs in mind, how future proof would it be? would you need a new box every other year, or would it be upgradable?
The good thing about PC gaming is that it not restricted to specs, depending how much you are willing to pay/upgrade.
If its streaming, then ill wait to leave the internet 3rd world before even considering this.
For me there are a lot of questions still, but for sure MS, Sony and Ninty have an eye closely on this!