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Only thing I could actually see being streamable would be the Virtual Console games. Remember the Sega Channel? Yeah that was Pre-DubStep. (before 1999 but WELL before 2011) and it was capable of doing that. I don't much care about the size of the machine just as long as it doesn't overheat and flash/beep at me.

I still don't understand this Streaming controller business. How would that even make sense? Rumors are silly. Just like people who think DubStep is new. :)