It IS that bad, and this is coming from someone who owns an original Xbox, an Xbox 360, and a subscription to LIVE.
It's bad for consumers, it's bad for the industry, and it could set a terrible standard for other industries.
I wish we could all come together like we did when free speech was threatened in video games, because we knew that free speech was something that transcended video games and was worth protecting at all costs. Well, copyright law and consumers' rights are things that transcend games and are worth protecting. And we should be protecting them, since we know better than your everyday video game fan. And the best way to do that is to say "no" to Xbox One, because if we do endorse this DRM formula, it will only get worse, for the video game industry and for other entertainment industries.
The only good that might come from this is a legal battle in which the policies are quashed. But that's hardly a given. The first-sale doctrine IS law, but it's not written in stone; it's been amended before.
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