Onlive Priced and Dated

A unique service has been in the works for quite some time now, and today it's finally been priced and dated.
Onlive, a service which will allow you to "stream" games (kind of like watching movies online through Netflix) will be launching June 17, and it will start at a $14.95/month rate.
Onlive's COO, Mike McGarvey, gave a quick talk about what we can expect from this new platform.

“Individual titles will be available for purchase or rental on an a la carte basis. Specific game pricing, including rentals,purchases and loyalty programs, will be announced prior to the consumer launch event at E3. We’ll also be announcing additional loyalty and discount programs for consumers in the coming months.”
EA, Ubisoft, Take-Two, THQ and Warner Bros. Interactive Entertainment will all have games available through Onlive when it launches later this year.
The one thing to keep in mind however, is that the $14.95/month charge, only pays for the service. You'd need to pay desperately in order to rent/buy games. I'm not too sure how, if at all, successful this will be. But you can be sure that this isn't the last you'll hear from the folks at Onlive.