NVIDIA rolled out an update for the SHIELD a short time back. That one brought the system up to Android 4.3 and while that was a nice aspect, there were several other important aspects to the update. One of those others was something called GameStream. In the case of the NVIDIA SHIELD, GameStream mode means users can stream PC game to the handheld console.
NVIDIA was showing off GameStream mode before the update arrived for users and at the time, it was said that it has been optimized for game-speed WiFi with ultra low latency. This has the PC games streaming at up to 60 frames per second. Anyway, while this is an NVIDIA feature limited to the SHIELD at this time, it appears as if it may arrive with other systems.
Coming by way of the Engadget at Expand NY event which took place this past weekend, GameStream could be coming to the MOJO console from Mad Catz. There wasn't much in the way of specifics just yet, however Alex Verrey, Mad Catz' Global PR Director mentioned how they are talking to NVIDIA and "hope to enable GameStream soon after the launch of the console."
Assuming no other company jumps forward with an announcement, this would have Mad Catz (and the MOJO) arriving as the first outside of NVIDIA to make use of GameStream mode. That being said, it does seem GameStream on the MOJO is more a matter of when as opposed to if at this point.
Further comments from Verrey touched on Steam, and in this case he mentioned that Mad Catz is "very excited for Steam" and they are looking at "all of these opportunities with interest." With that, we have a hands-on demo of the SHIELD running GameStream with Console Mode in the video sitting below.