Microsoft Lead-Suit Bill Gates just unveiled some new functionality coming to your Xbox 360 in the second half of this year: IPTV.



What's IPTV? Well, I'm not entirely clear on that either. Microsoft's definition of IPTV is certainly not the same as mine: user produced video content distributed on the internet. Microsoft's IPTV is something different, and will be part of a service that you buy from your cable provider. Essentially, your Xbox becomes your cable box, and that enables all kinds of new functionality like DVR-esque show recording and voice chatting with your pals over Xbox Live while you watch the same show.

No word yet on who you'll be able to get this service from, or on the new hard drive you're inevitably going to need to use it, but CES isn't over yet. Stay tuned!

via CV&G