This could be the end of the console wars and the need to upgrade your PC every time a new game comes out.
Gaming: OnLive Streaming Games Turn Any TV or PC Into a Bleeding-Edge Gaming Machine
Through a cheap set-top box or a simple PC software client, OnLive streaming games can deliver the latest system-melting titles to crappy hardware you already have. The service's secret? Cloud rendering. In a nutshell: OnLive runs the games on their powerful servers, the output is then rendered as a video stream and then sent to your OnLive set-top box, PC or even netbook, taking expensive, loud, obsolescence-prone gaming PCs out of the picture entirely. 720p HD streams are said to be possible over a 5mbps connection, while SD gaming only calls for a 1.5mbps line.Hardware requirements are virtually nonexistent, meaning that you can play, say, Crysis, on anything from your MacBook to your Aspire One to your Dell Studio to your eMachines ****box. If you want to hook the service up to a TV, OnLive will sell you a set-top box for "less than a Wii", which shoulders just enough of a load to play back OnLive's HD streams. The service itself will likely operate on a subscription model, but OnLive hasn't given any firm details on how much that'll cost. And before your ask, publishers are already on board, including EA, THQ, Ubisoft, and Epic. Really.
OnLive Demos Streaming Games: Yes, That's Crysis on Integrated Graphics
I'll grant that OnLive—the streaming game service that its makers claim will bring high-end games to virtually any PC or TV—borders on implausible, but you gotta beliiieevve! For the haters, here's a demo video.
Plenty is discussed here, and it's worth watching all the way through if you were at all intrigued by yesterday's announcement. The genuine boner moment is at around 15:00, when a lowly Dell Studio 15 plays Crysis without even flinching. The presenters discussed latency and did their best to demonstrate that OnLive does provide the same experience as a proper gaming machine, but until the service rolls out it'll be impossible to tell if this is true. If the games feel even slightly laggy it'll be a huge blow—OnLive will live or die by a few milliseconds. [Gamespot]
This sounds REALLY interesting, especially since they have support from the publishers. Being able to run Crysis on pretty much ANY computer would definitely get me more into PC gaming. Especially since it supports a controller.