Steve Perlman, a former Quicktime Guru at Apple, has a very interesting startup called OnLive. The idea is simple: Cloud gaming.
You play games over the Internet and your screen acts like a dummy terminal that operates hardcore Cloud gaming rigs (or virtualized rigs) like VNC operates remote desktops. These GPU data centers are located throughout the US because, as you might expect, the latency of button pushing and seeing the result of the button pushing is what has held up these type of scenarios in the past.
