I agree with you. I don't like the idea of a game streaming future but thats not cause I have any problem against streaming games but rather that I feel that the tech required and what is available to stream games will never be as good as what you can get from dedicated hardware. Right now its practically impossible to stream these games at 1080p@30fps. Much more streaming them in 4k@60fps. Nope, just don't see it working especially when you consider input lag.

I am fully in support of a game rental service though. I believe it will help the  industry as a whole. Though I feel sony could have structured the service better. They should make individual game rentals start form $2.99 per week. Gamers aren't gonna spend $60/$50 or even $30 on every single game out there. And a lot of smaller games suffer for this. But with a service like this you could rent a game for a week and its devs gets the money. Win win if you ask me. I sure as hell know if that were th ecase I would try out a lot more games.

Though you have to ask yourself, why don't they just give you an option to download the rented game in case you don't want to stream it.

No, 7 dollars a week is pretty typical for renting games. That's what they used to charge at Blockbuster, and also midwest video game store Vintage Stock. 

Prices were the same at release (higher counting inflation) and the cost of servers and maintenance teams is comparable to the overhead of running a store. While I don't disagree that prices are too high for older games, renting is not meant to be a replacement. In fact, if they didn't have 30 or 90 day options, we wouldn't be having this conversation.

I know, right? it's like, you feel like playing a game at a friend's place and that friend doesn't have a ps3 and you're like

-gimme a sec, gonna order a ps3 and a game to play from ebay. It's gonna be here in a couple of days.

-Sweet!

I've only played Capcom Arcade Cabinet and it ran very well except for a few hiccups (which was expected as this was when PSNow had begun its Beta) but there really hasn't been much else until lately. I plan to rent Into The Nexus sometime this month to see if they have ironed out the bugs.

Streaming is not about DRM any more than renting a physical disc is about DRM. When you buy a physical copy of a game outright, being prevented from passing the game around, or giving it away, or on-selling it, or trading it in is the DRM that got people pissed off. And the always online (or daily check in) was always about how MS would manage and control the DRM for disc based games, and of course kill the physical game rental market. None of those elements applies to a rental service via streaming.

Certain types of DRM are broadly accepted, including DRM on digitally distributed games. We've had DRM on digitally distributed games basically forever, and people have accepted that as a reality. Albeit from a moral perspective it is arguably no more justified than placing DRM on physical copies of games. In theory a digitally distributed game should be able to be transferred onto a portable device (like a memory stick) and wiped from the HDD of the console (i.e. not creating copies of the game, just transferring it from one device to another and be sold, or swapped or given away just like a disc, when the game is uploaded from the memory stick to the HDD of another console then the game is wiped from the memory stick. As long as a 2nd copy of a game is never created it should be possible to do this.

In this respect game renting via streaming is morally superior because at no point can any sense of ownership on the part of the gamer be claimed. It's a more pure commerical relationship than digital ownership. Similarly with PSN+ "free" games. These games are actually long term subscription based rentals, the difference being that they are downloaded rather than streamed. But the effect is that when you stop paying you stop playing, just like a rental. 

i can download all my music for free from the internet. Instead I buy it from shops sometimes and mostly buy it online. I like to support the game developers and publishers. Without people like me the scroungers who buy everything cheap and used wouldn't have any games to buy. Thankfully at least half the market is like me and the gentleman above. 

I think PS Now is a great idea, just some people don't understand it isn't exactly intended for them. Though I wonder would be able to sell it successfully to the intended target.

The former is absolutely clear by some of the responses in this thread, the latter is exactly what I'm curious about.

I was VERY sceptical of the service, especially for quick action games like the god of war or darksiders series...

So late one night Imrented God of war acenscion and was pleasantly surprised with both the image quality and responsivness, neither was disastrous... I breezed through bosses and the qte events no problem ! 

so, it's not perfect, but this is an option that could prove very interesting for a lot of people.