Boy do people sure jump to conclusions over very little info. As some have stated this sounds like a low power mode that allows the gamer to quickly wake the console up when not I use. When I think about such a mode I think about my IPad. I touch the screen and its ready to go. Games I left playing are ready to be played at the point I left them so no waiting for them to load. Having games installed on the HDD ready to be played at the point I left them sounds like a smart design.
I also would not mind if MS did a steam or Blizzard type of system where as long as a game is installed on my console and tied to my account I do not have to have the disk in the drive. I can switch between games I play without loading. It would be good if you uninstall the game and unactivate the game you could resell or give the game away. It will be interesting to see how this plays out.
For people who are thinking there isn't some type of DRM tied to the PS4, them you best keep up to date. The jury is still out on that one and from statements made by Sony execs, there will be something you will have to do to play used games besides putting the disk in your console.
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