People seem to forget that Sony got into 'cloud gaming' years ago when they bought Everquest. And it cracks me up that the same one that say it will never work for the Xbox One, talk about how great Gaihkai will be. Which is much more sensitive to latency.
What this shows me, that much like having Bill Gates personally introduce the first Xbox, is that Microsoft is very serious about putting it resources and muscles behind the Xbox One. The dedicated servers, possible per-rendering of light and stuff, will make a great and powerful service.
It is a great long term strategy to provide an excellent service.







