The microconsole plugs into a TV, like a games console, but almost no computation is being done at the client side.

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As with the microconsole market, relationships with developers will be critical.

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Further down the road, the MicroConsole will apparently even have 3D gaming support, as the company's figured out a way to encode and decode a pair of discrete video streams with this very hardware.

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We're working on a full review of the MicroConsole and its accompanying controller and hope to bring that to you soon, but if you want a jump on things you'll find a perfectly sensible write-up from our friends at Joystiq, too.

ENGADGET: OnLive MicroConsole official at $99, we go hands-on and bombard you with details