It hooks up to your TV and Internet connection and allows you to play games without a computer.
http://kotaku.com/5692959/the-future-of-video-games-goes-on-sale-tomorrow
An unboxing.
http://kotaku.com/5694600/unboxing-unlives-streaming-pc-gaming-console
Early adaptors will get a free micro console. Details here.
http://www.1up.com/news/onlive-founding-members-eligible-free
UPDATE: The monthly rate starts in January 2011.
http://www.1up.com/news/onlive-introducing-monthly-plan-january
UPDATE #2: The rumor mills stays OnLive is going to add streaming video to try to compete with NetFlix.
http://www.1up.com/news/report-onlive-introducing-video-streaming
UDPATE #3: OnLive says it's not competing with NetFlix and the above comments were taken out of context.
http://www.1up.com/news/onlive-no-agenda-compete-with-netflix
UPDATE #4: OnLive has a patent on cloud gaming. Lots of implications....
http://www.1up.com/news/onlive-scores-landmark-patent-cloud
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