Important news for all folks that love game jams, hilarious Twitter accounts, and creator of Fable and Black & White Peter Molyneux: The What Would Molydeux? game jam begins tomorrow. For the uninitiated, this particular game jam sprang forth from the absurdist tweets of a Twitter account that parodied Peter Molyneux’s often ambitious — sometimes to the point of absurdity — game ideas. At first, the game ideas were extremely ridiculous, though hilarious, but eventually, the account’s followers started thinking some of the silly ideas would make legitimately good games. Now, there’s a 48-hour game development challenge that starts tomorrow, and is taking place all over the world. Possibly best of all, Peter Molyneux himself will be attending the London section of the jam, both check it out, but also to recruit people for his new game developer startup.

There may be some people out there who still insist that video games aren’t actually art, but they are becoming fewer and fewer. The Smithsonian, though not a “person” per se, disagrees and opened its Art Of Video Games exhibit today. The exhibit is not devoted to exploring art in video games, but rather exploring video games as their own artform. There’s a pretty wide variety of video games out there, but the Smithsonian seems devoted to touching on as many as possible, incorporating everything from Pac-Man to Doom II to Mario Galaxy. The exhibit will be featured from March 16 until September 30th before taking a 10-stop national tour. Sure video games are art, but now they’re high brow art. At least, so long as they’re in a museum instead of on a crappy TV in my filthy apartment.

Artist Mike Gaboury dreamed a beautiful dream of an Adventure Time video game, and decided to share just a piece of that dream with us. Working in his spare time, and for no reward other than his love for the show, Gaboury animated the intro and start screen to an imaginary side-scrolling retro-style Adventure Time game. Though it’s just a fan project, it is a tantalizing to think of what a full-fledged AT game in this style would be like. See the video, after the break.

Careful readers will recall the news that Oklahoma was considering levying a 1% tax on all “violent” video games. According to the bill’s sponsor, Will Fourkiller (D, pictured left), money raised by the bill would fight childhood obesity by providing outdoor education and also fund efforts to prevent bullying. The bill was defeated in a 5-6 vote in the Oklahoma House Appropriations and Budget Subcommittee on Revenue and Taxation last week.

Oklahoma House Representative William Fourkiller has put forth an interesting proposition: Why don’t we add a 1% tax to all “violent“ video games? Well, mainly because that would be unconstitutional, but nonetheless the bill exists. Fourkiller’s reasoning behind pushing the tax is that — get this — violent video games promote violence and on top of that, obesity. In his defense, the proposal dictates that the extra 1% would go to youth obesity and anti-bullying organizations, but at the cost of further sullying the already sufficiently sullied reputation of violence-based video games that are not for kids anyway.

As many of you may already know, eating something while playing video games is one of the hardest and most frustrating things in the history of mankind. Unless you’re playing a Metal Gear Solid game — where the cutscenes are long enough for you to eat a five course meal — you find yourself floundering between controller and foodstuff, losing lives in-game and hygenine points in real life. Now, there’s finally a solution to the problem, a controller-mounted Hot Pocket holder; it’s so convenient, you could probably use it during competitive online play.

So far, 2012 seems to be the year of launching new video game sites that established editors of other sites leave to found. Vox Media kicked off the trend when a group of recognizable gaming writers went to found the Vox Media video games vertical, and now, with the help of Ben Kuchera, formerly of Ars Techncia, the team over at Penny Arcade will be expanding their empire to more traditional video games coverage.

A community manager from Blizzard has stated via Twitter that the impending and much anticipated Diablo III will be coming to a console near you. The project will apparently be helmed by developer Josh Mosqueira. The news comes as anticipation is mounting for the PC version of the game, and is sure to turn some heads. After all, how are you supposed to click a million billion times on a controller instead of a mouse? It just doesn’t make sense!

Not too long ago, three of Joystiq’s top editors left to found a new gaming site under the Vox Media umbrella. Following that, Kotaku’s editor-in-chief, Brian Crecente, departed his site as well. Now, along with a few other names the games journalism industry is sure to recognize, the new team has come together under Vox Media’s new gaming site (currently unnamed) throwing their hat into the games journalist ring, not only promising fresh content, but as Justin McElroy put it, offering a site that’s “as fun to play with as it is to read.” Currently, the site doesn’t exist, and they’re posting under The Verge banner until it does.

A recent update to the Judiciary Committee’s list of top supporters for the controversial Stop Online Piracy Act, more commonly known as SOPA or “that horrible law in congress,” suggests that alliances may be shifting behind the scenes. The refreshed list shows that top game makers Nintendo, Sony, and EA have dropped their support the law.