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This link recently saved by markwagner on March 24, 2009
This is a new service for offering high-end video games via data streamed from a server rather than software installed on your PC or hardware connected to your TV. “This is video gaming on demand, where we deliver the games as a service, not something on a disk or in hardware,” Perlman said. “Hardware is no longer the defining factor of the game experience.” Some have suggested that educational software might benefit from this model as well. Perhaps educational games? Then the "my school's hardware can't handle the games" issue won't be such a big deal. :)