On live have announced that they are to release there game system on the 2nd of December (my birthday :D) on there site only for 99$. The release tittle include Batman Arkham Asylum, Dirt 2, Avp, Assassins Creed 2, among many others. Its just a shame I've played or owned most of them already. I expect there to be more added if its a big success. For those who haven't heard about it after it was shown at E3, you can instantly play game over a broadband connection via streaming. If you go to the website you can download a pc version for free and play all the games on trial for 30 mins. we have a 20Mb connection at our house and after trying some games I get lots of connection errors and there is about a 1 second lag between controller movement and on-screen movement.
If you want to play on your TV you will need to buy the little black box The whole thing is just a small box with a connection to a TV via HDMI. It also has a micro usb for power and the Ethernet port for connecting to your broadband line. You also get a controller that looks allot like the 360's. Its wireless and had the added ability of having dedicated media keys for music and video.
The applications for this are amazing. As its streamed the technology only requires the ability to stream the games not render them. That's done by other machines. This means that we could see the service pop up on the like of iphone, ipad, even smartphones. Just imagine playing Boarderlands on your phone just as if you were playing it on your xbox 360!