Do we really need an Xbox or a Playstation in our living rooms?

A $40 billion market, once dominated by the likes of Microsoft, Nintendo and Sony is being challenged by Apple, Google and a startup OnLive.

I have a friend whose Xbox lies packed up in his closet and he spends hours playing on his iPad. I have a 6 y.o. niece who has a Wii and a DS but prefers her dad’s iPad.

Complete article here…