http://kotaku.com/5181300/onlive-makes-pc-upgrades-extinct-lets-you-play-crysis-on-your-tv

Here's the most of it:

You may never buy a new video card ever again. Actually, the only PC gaming hardware you might ever need will cost you less than a Wii, should OnLive's potential live up to its promise.

OnLive is a new video games on demand service that may just change the way you play PC games. The brainchild of Rearden Studios founder Steve Perlman, formerly of Atari, Apple, WebTV and more, and Mike McGarvey, formerly of Eidos, the technology looks to revolutionize the way computer games are brought home. Instead of spending hundreds or thousands of dollars on the latest video game hardware that will make games like Crysis playable at nearly maxed settings, let OnLive's servers handle the processing. All that's required is a low cost "micro console" or a low end PC and a broadband internet connection.

Yes, even your sub $500 netbook or MacBook can play processor intensive, GPU demanding PC games. In fact, that's the whole point. How does it work?

I won't write anymore, maybe you guys will talk about it on the show, but I think it's okay....except my net connection is wony as hell, and I would be playing in 480i on my new tv that I bought for gaming....I just can't win.

oh yeah, here is the official site link:

http://www.onlive.com/

--- (Edited on 3/25/2009 1:02 pm [GMT-0500] by Mstoner) ---

One big problem. Either it is streamed, in which case you need very good internet

Or it is saved to hard drive, in which case memory is an issue

--- (Edited on 3/25/2009 5:51 pm [GMT-0500] by manceyy) ---