Are we expecting price drops on major video games from game console giants Sony, Nintendo and Microsoft after OnLive, a brand-new game distribution system was announced last Monday? But before we get further, I would like to introduce you to Onlive, dubbed as Xbox, Wii and PS3 killer! Onlive is a cloud-based gaming service that allows high-end hardware intensive PC games to be played on any PC regardless of its specification. The system will also stream games directly to a TV via a small plug-in device, and players can use a custom wireless controller as well as VoIP headsets in conjunction with it. Steve Perlman and Mike McGarvey are the brainchild of this latest innovation in gaming. Watch Onlive walkthrough video below or visit their official website at www.onlive.com (the site will open on March 24, 2009 at 7:15PM PDT).

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