behind close doors doesn't really count for market perception.  sony is launching early 2014.  that will make MS the me-too of cloud gaming services.

Of course it can.  The Xbox One natively plays Xbox the first games.  PS2 and PSX emulation has come a long way and are perfectly viable for the PS4.  360 and PS3 games though, I understand streaming those.

Edited*

My understanding is that it has been.

Paul Thurrott and Mary Jo Foley were both in attendance, so there should be an article or two about this tomorrow on Paul's site and on CNET. Both apparently tweeted about it as it happened or shortly afterward.

Well, Microsoft has been doing virtual remote desktops for years.  You even have the ability to watch movies or listen to music via remote devices.  The concept of streaming games isn't far removed from streaming desktops.

Funnily enough, that's what the OnLive people talked about when announced their service.  The fact that both Microsoft and Citrix were both doing desktop streaming and thus the capability to stream games existed.

This is really cool. Way to go Microsoft!

That is a ridiculous statement. Maybe if Sony were the first to do cloud gaming service, but they aren't.

I believe MS definitely hired on several good employees of OnLive after they went out of business. Probably had a good role in this, even though as others have said, this isn't much different to what MS has already done for ages.

Woah...so I could stream possibly be streaming games onto my surface tablet in the future. If this is so, bathroom breaks just got a lot nicer!

That is a seriously nice feature.

OT Great news for Xbone owners and users of MS ecosystem, and a viable use of the cloud as Gaikai is... for real time integration with consoles I believe it'll take longer.