For those of you not paying attention, two days ago Valve announced Steam OS as an open source, stand alone operating system for "living room machines". Today they announced Steam Machines to run their new OS coming in 2014. There will be an in house Valve system but also 3rd party hardware. These new consoles will allow people to stream games from their home PC directly to their TV or play steam games natively among other things: In-home Streaming You can play all your Windows and Mac games on your SteamOS machine, too. Just turn on your existing computer and run Steam as you always have - then your SteamOS machine can stream those games over your home network straight to your TV! Music, TV, Movies We’re working with many of the media services you know and love. Soon we will begin bringing them online, allowing you to access your favorite music and video with Steam and SteamOS. Family Sharing In the past, sharing Steam games with your family members was hard. Now you can share the games you love with the people you love. Family Sharing allows you to take turns playing one another’s games while earning your own Steam achievements and saving your individual game progress to the Steam cloud. Family Options The living-room is family territory. That’s great, but you don’t want to see your parents’ games in your library. Soon, families will have more control over what titles get seen by whom, and more features to allow everyone in the house to get the most out of their Steam libraries. Valve has one more announcment scheduled for later this week and I think we all hope it's the same thing.