OnlySP: After much conjecture the commercial service based on Gaikai streaming technology has been revealed as Playstation Now.
The service will act like Netflix for video games. You pay a fee and then have access to a library of PS3 games that you play on Playstation 4 through the internet. But Sony’s vision goes further. They would also like Playstation Now to branch out and eventually allow tablets, phones, and TVs to play Playstation games as well. In addition to PS3 games there seems to be plans to bring both PS1 and PS2 games to the service.