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Lame media cash-in on popular net culture, or actual potential for a humorous and fun game? Since the announcement of Penny Arcade's episodic video game for download on PC and Xbox 360, many have asked that very question. Gamers can find out for themselves later this month.

On the Rain-Slick Precipice of Darkness, the first episode in a planned series of games is an RPG based off of a widely popular webcomic that generally covers the realm of gaming. Arguably thought of to be the first mainstream comic of its type, Penny Arcade's game is bound to bring in a slew of curious gamers and fans alike.

According to the press release: "On the Rain-Slick Precipice of Darkness is an RPG-Adventure game set in the comic-book-meets-pulp-horror-meets-H.P. Lovecraft deranged 1920s universe of New Arcadia, delivering mature and compelling entertainment to gamers via accessible episodic delivery. The creative collaboration between Penny Arcade creators Mike 'Gabe' Krahulik and Jerry 'Tycho' Holkins, legendary game designer Ron Gilbert and veteran producers Hothead Games results in a 100% authentic Penny Arcade experience that pushes bizarre characters, outrageous combat, and adult humor to the precipices of darkness."

Each episode will have around 5-10 hours of gameplay, and be $19.95 or 1600 Microsoft Points.

On May 21st the title will be available to download from the Xbox LIVE Marketplace or on the PC from the official game website.

There will be no Playstation Network release for the game since the Torque engine on which On the Rain-Slick Precipice of Darkness runs, is not supported on the Playstation 3.