They could make it run on my watch, fridge, car or even the dog, and it still wouldn't matter.
Whilst it's a closed system, with expensive games and unacceptable latency issues, it's not going to work. Normally, you would forgive Google a commercial failure because the technology they are launching is new/innovative/existing/etc - but this doesn't fit into any of those cateogries.
Shame really! I'm all for progressing game streaming, but not when I need to re-purchase all my games to use the service.