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Squilliam said:

Time = Money.

The time it takes to get through 12 system updates, installing game demos, installing game patches which is greater than what it takes to do it on Xbox Live probably comes up to between 2-5 hours a year depending on what you're doing. Its not long enough to really effectively get up and do something else and not short enough that it wouldn't be a bother.

Now you have to decide whether you'll base it on your salary rate or the time you'd charge for giving up your leisure time. If your time isn't worth anything then you probably get your games from your parents.

But there you have it, PSN is probably more expensive than Live if you place a dollar value on your time.

I think most people would disagree. I don't - even 2 hours of wasted time a year (which is a lowball estimate.. even taking an extra 30 seconds per match over the course of a year adds up) makes it worth my while to just pay for Live. Then again, I have way more money than time. (Well, at home, at least.) I think most people don't consider time a factor... which is usually a rule of thumb as regards video games...