Are mobile social games in trouble as OnLive comes to HTC phones?

Updated
OnLive Console
OnLive Console

And you thought the retailers were scared? The server-based games service OnLive just sealed a $40 million funding deal with smartphone manufacturer HTC, VentureBeat reports. The OnLive subscription service streams graphically intense, HD video games through your wired or wireless broadband Internet connection to your computer or through its $99 mini console. What this does is essentially eliminate the need for a pricey gaming computer or even an Xbox 360 or PlayStation 3 in replace for a subscription fee, and now that power will be on your HTC smartphone.

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