Remember the Phantom game console? The wonder that was to compete with the PS2 and Xbox? It has been in development (read: delayed) for a very long time, actually it doesn’t even exist. Only plastic models like the above one.

Now the company behind Phantom, Phantom Entertainment (former Infinum Labs), has finally admitted that the console in fact does now exits (they still didn’t admit the whole thing was a PR stunt), and that they are focusing on a broadband game delivery service for Windows and Windows Media Center. It will feature some sort of hardware lapboard controller.

On the website, you’ll find this encouraging statement:

“The Phantom Game Service is anticipated to be the first end-to-end, on-demand game service delivering online games directly to your living room or any comfortable setting in your home or workplace,”

“Delivered over broadband, the Phantom Game Service is designed to offer casual and avid gamers a broad library of titles, available anytime, day or night. The Phantom Game Service was originally engineered to run on a Windows XP embedded operating system on a Phantom Game Receiver managed by Phantom content servers over the Internet.”

Head over to their site and see if they can convince you to spend $130 on a “gaming” keyboard.