Can the Nvidia GRID service make cloud gaming viable today?

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KitGuru tried the Can the Nvidia GRID service make cloud gaming viable today?

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Several major gaming hardware makers are in the midst of making a big push for cloud gaming, with new services like the Nvidia GRID and PlayStation Now beginning to pop up with technological gains over tried and failed services, such as On Live. However, despite cloud technology coming as far as it has over the last couple of years, many are still skeptical and run for the hills when 'the cloud' is mentioned, which brings me to the question we are going to try and answer right now- Is cloud gaming viable today in its current form?
 Can the Nvidia GRID service make cloud gaming viable today? @ KitGuru