This could be game changing. I could see this eliminating the need for a gaming laptop all together. Let your main PC do all the heavy lifting and then play your games wherever you are just using a browser.
Hm, so basically your own personal OnLive. Interesting. Even a few years ago, this would have been pretty far out there. As bandwidth steadily increases, stuff like this is becoming more and more viable. Super-excited to see where this goes.
I would love this. I have been toying with the idea of replacing the PS3 on the big screen with an HTPC. Being able to use the power of my gaming rig upstairs to play games on the big screen periodically would be great! I hope they complete development and release it.