Black Box, the PC-only package which included Episode 2, Team Fortress 2 and Portal has been canned by Valve. The reasoning behind this was not revealed, but it’s likely a move to help promote Steam.

“The Black Box has been cancelled,” said Doug Lombardi, Valve’s director of marketing. “We’re going to have one package, The Orange Box, available on the PC (US$49.99) as well as the 360 and PS3 (US$ 59.99). In addition to the three new products—Portal, Team Fortress 2, and Half-Life: Episode Two—The Orange Box will also contain the full version of Half-Life 2 and Half-Life 2: Episode One. Those who purchase the PC version of The Orange Box will get three separate Steam product codes: One for the three new games, one for HL2, and one for Episode One. This way a PC Orange Box owner can give away their Half-Life 2 or Episode One unused Steam product codes if they don’t need a copy of those games. We are excited to deliver the highest value of new gaming content ever offered in one box.”

It sounds like a fair bargain to me – that’s a lot of content for $50 (or $60 if you’re on consoles). Those who wish to save money will be able to download all of the new content directly from Steam – a route which many gamers are likely to take, meaning Steam will see a nice boost in traffic. With more and more games looking to Steam as a viable means of distribution, this increase in download numbers will likely help to coax some naysayers into jumping on the bandwagon.