If you'd rather watch video games than play them on your console, Twitch.tv has the app for you, available for Xbox Live gold subscribers today. The app makes the top 300 live channels available for spectating. No streaming from the 360, only viewing. There'll be more at the next Xbox reveal in a week.

At GDC today, YouTube basically said it has seen how many people are watching other people play games on services like Twitch.tv, and is now serious about getting in on that action.

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