ARG stands for Alternate Reality Gaming, also known as Chaotic Fiction. I'm going to thank Helenae/Liandra for introducing me to the genre through the marketing of
Cloverfield. Clues are left on the "official" Cloverfield website as well as other "in-game" websites that are providing backstory to what looks like an exciting movie. A similar marketing method is used to promote The Dark Knight movie, although it seems to be moving much slower and offering less in the way of clues at this point.
Essentially what you have are interactive puzzles taking place in real time involving real people. Considering how many people we've had take an interest in
The Game I thought some of you might be interested in a very modern, and very fun, style of puzzle gaming.
From what I've seen the most recognized and respected site on these types of games is
Unfiction.com, and I'm having a blast reading some of the threads on their forums. If you like puzzles, or marketing, or both, you might also.