Microsoft Announces "Game Room," A Virtual Arcade

Microsoft just announced a new product called "Game Room," which will bring back classic games to Xbox 360 and Windows Live. The aspiration is that Game Room will serve over a thousand titles. It will start with 30 games for it's launch over the 2010 holiday season. Games will be available in two ways: 1 time play for the original arcade feeling or you can purchase the game. The currency will be a point system.