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Ok, I'm convinced all current downloadable titles will be available on the next gen consoles (I did say it was a worst case scenario, and one that I maintain could, although unlikely, be possible especially if a company stopped producing consoles). But I take the point.

Just 1 more thing. What happens if my console breaks? If my PS1 stops working I'll get another - no need to buy the games again. And are there insurance policies that cover digitally distributed games?