I feel like that's where Sony is planning on taking this service. PS Now being released on Vita, PS3, PS4, etc. is just a test for Sony to see how well the service works and if people are actually willing to pay for it.

I think Sony's ultimate goal is too use this service as a way for anyone to play any Sony game on a capable device, computers, TVs maybe even Phones if the hardware is capable (Which in a few years who knows, the technology could be as good as current consoles.)

There will come a time when consoles become obsolete and PS Now is Sony's solution to this future.

Compared to backwards compatibility anything for which you have to pay to be able to play a game you already own is shitty and expensive, no matter how good or reasonably priced the service.

Really? Most of the world wouldn't be able to run PSNow very well due to poor internet so I don't think that would be the case

Not sure what your overall point is...I admit that their pricing needs work, and one of the things I am hoping to see once it exits BETA TESTING is the ability to play the games I have already purchased on PSN without being charged again.  However, MY point is that, TECHNICALLY, the service is incredibly great...the pricing is still being "worked on", but there is nothing at all wrong with the service itself.  If they give me access to my library of games, I have no issue with putting my PS3 in a box in the closet and using PS Now instead.

Yea pc ps now would be great

Your one of those people? Even if it takes off and becomes extremely successful it would not stop hardware manufacturing. Not everyone is going to have a TV for the app or have a PC to run it or even want to. The whole reason why most people play and argue about PC gaming is simplicity and being in front of a big TV. Besides that, it is not going to prevent people from buying physical media. All it would prove is that there is demand still for older games and some of those games might be harder to find and buy. There is a lot of things taking into account.

I wish people would stop jumping the gun.

For those that don't have a TV that supports PS Now...or a tablet...or a smartphone...or a Playstation Console...there is always the $99 Playstation TV!

What I think is being said here by JOKA saying that "they are going to stop being a hardware manufacturer" is that they can EASILY stream PS4 games as well as PS3, 2 and 1 games.  They could decide to just run everything off the servers at some point in the future, providing upgrades on THEIR end as needed...and instead of customers having to upgrade their hardware every 5-8 years, the upgrades would be done for them...all they would have to do is buy/rent/subscribe to the software.

Now, currently, the state of broadband in the US is rather pathetic thanks to Verizon, Comcast and other ISPs padding their wallets instead of upgrading their networks...and degrading the principle of Network Neutrality while they are at it...but EVENTUALLY, broadband at 1gb/s is going to be common...not next year or even the year after...but in 10 years?  Quite possibly.  At that point, it would not only be practical to stream all of your media, including games...but also preferable!  Imagine playing PS4 (or 5) games on your smartphone via a 6g gigabit wireless connection!  Or being able to pause your game in the living room and being able to resume the game in your bedroom...or at the office, on the subway, at the park...wherever you happen to be!

This technology has broad implications for the future of gaming, and I am very excited to see it start to mature!

I just don't see it happening. Streaming only is worse than a download only system where you buy digitally with no physical media. I don't see how anyone could think a streaming only service is a good thing. Microsoft was hammered hard by wanting an online only system. They didn't get the backlash simply because of the current internet infrastracture. I am for both and see both possibly happening only in the form of buying a digital version.

As for physical media, I am all for it so I am bias in that regard but I don't think for a bit that Streaming would take over digital purchases that you download "but" I can see a world were both co-exist, streaming and digital purchases that "doesn't" need online connectivity. Any case, it is too far out and I will continue to buy physical were I own the game. That to be is real value regardless not the option to oddly try to play those games on a smart phone or tablet.

I am sure people said the same thing when Netflix was first starting to stream videos....but, I can tell you, my blu-ray (or DVD) buying days are about over at this point.  Granted, movies dont have the same replay value that a game has...but if you have access to thousands of games, ON DEMAND, 24/7, why would you feel compelled to own any?  The initial 100 titles or so availalbe on PS Now right now are just the beginning.

Well that's a very limited nd exclusive sort of B/C If they link PS Now, b/c would be if you put a PS1/2/3 game disc in your PS4 the PS4 recognises the game and allows you to play the game streaming off PS Now at no cost. And if you have a PSN+ account then all PSN games are playable too. My point is people who have never owned a PS home console have no basis to bitch about having to pay for B/C. But long time PS console owners are being forced to pay a second time for games they already own, unless Sony implements a method for recognising possesssion of games other than digitally owned games.

Actually, what would really be super awesome for PS owners would be the ability to play PC only games through PS Now. If MS has no exclusive hold over a PC game there is no reason at all that Sony can't licence PC games for PS Now. PS4 has KB+M support so there is no hardware barrier to supporting any/all PC games through the service.