If I were working in the console gaming group at Microsoft, Sony, or Nintendo, I'd look at this video and break out into a cold sweat - or I'd start thinking hard about the ways that the mobile devices my company makes could be leveraged in the same way. Microsoft in particular has been hearing for years that Windows Mobile phones could be great secondary gaming devices, but they never managed to do anything with them until Windows Phone 7 - and now we're seeing the first steps toward leveraging the two devices into something interesting.
One things for sure: the graphics chip on the iPad 2 is capable of some powerful stuff!
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