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Microsoft's Eric Rudder played the same adventure game on a Windows PC, a Windows 7 phone, and an Xbox 360, at TechEd Middle East
Not only is the game itself playable on all three platforms, but the session is maintained when you move from device to device! For example, if you're playing on your Xbox and have to run out the door, you'll be on the same level when you start it up on your Windows Phone 7 Series phone.
Microsoft demos game across PC, mobile, and console platforms