After becoming the butt of many jokes by gamers who didn't expect ever to see it, the Phantom gaming console, designed to let users play conventional PC games on their TVs, was demonstrated by Infinium Labs at the E3 convention in Los Angeles.

Phantom would be a new twist on traditional game consoles, going for free with a subscription ($29.95 per month) to its service, which would deliver free basic content and downloadable games for sale or rent, and sell for $199 without subscription.

The box will have a 40-gig hard drive, 256 megs ram and run an embedded version of Windows XP. It will have a custom controller and be compatible with surround sound and HDTV. The company also has hackers on its security advisory board. c
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