Dave Perry has been hyping his streaming game service Gaikai for the past few months. We were supposed to see it in action at E3 last month but at the last minute Perry pulled out of showing the service to the press due to "patent filing" delays. Today, however, Perry decided to go public with a 10 minute + video showing off how the Gaikai service supposedly works.

You can see the video above with narration by Perry as he plays games like Spore, World of Warcraft and EVE Online with only a few seconds of load time via a Firefox browser. He even had a full version of Photoshop running near the end of the video, showing that the service can be used for more than just games. Perry claims that the video demo was being run via a streaming server 800 miles from his location and that the bandwidth for the demo was "mostly sub 1 megabit across all games" meaning that the requirements for playing these games will be fairly low. Perry took a couple of shots against rival streaming PC service OnLive (without mentioning them by name) saying, "We don't claim to have 5,000 pages of patents, we didn't take 7 years, and we do not claim to have invented 1 millisecond encryption and custom chips. As you can see, we don't need them, and so our costs will be much less. ;)"

There's still no word on when this service will launch but Perry states he will be talking more about the business model for Gaikai at game development conferences later this summer.