deskpro2k3 on 06 January 2013
From my observation, one reason why people continue to pay for Live is because they have no choice. They either fork up the $60 a year or else they can't play online with their friends, use apps like netflix, and crunchyroll. You may include cross game chat. These are features you just can't play without for games like CoD.
To Gold members that is their payed "superior service." They'll defend that belief by saying its just superior. While on the other hand you get all that for free on PSN. Excluding cross game chat of course.
If Live offered monthly free games with that subscription, then I would agree that it is not on par with PSN+
