Its called Onlive.It basicly uses no disc at all and it stream's games to you.Some of the games they annouced for it are spore,tome rader,hawx,grid,world of goo,Crysis War Head,Grand Thieft Auto IV,Mirrors Edge,bioshock,and much more.You can connect the consle to your computer or your tv.It streams game to you(Thats right no downlodeing)You can rent them on it or buy them.YOu can buy as much as games as you want on it to,it has no memery cards!The games are all on the onlives server.Its price will be around the xbox 360 price.It will have a online fee just like micrsoft for the xbox360.The syteam has been 8 years in the makeing.YOu can also go to Onlive.com to learn more about this revoultionary consle.