I would be willing to pay for it as long all (well, realistically most) of the games were using dedicated servers. I don't see why I should pay to use my own console (which I've paid for), game (which I've paid for) and internet connection (which I've paid for), to play with my friends. If, however, there is a dedicated server, that would be improving the experience. That is something I would be willing to pay for, as I did not pay for the dedicated server.
Also, the argument regarding "not paying for Live/PSN because I've paid for internet" is one I find to be very valid. The reason people are willing to pay for Netflix etc, isn't because they are hypocrites, but because they will be getting movies etc that they do not already own. Buying a full-price retail game (MW2 for example) and then paying to play it online is more akin to buying a movie (Lord of the Rings maybe) and having to pay the studios to have access to the last 5 minutes of the movie. It is fundamentally wrong. If, however, I was being offered something extra to subscribe to these studios (extra "making of" videos or something along those lines), I wouldn't consider the studios to be ripping me off. As is though, I wouldn't pay for p2p online gaming.
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