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It's worth whatever people are willing to pay for it.

MS is technically giving the game away for free if you buy an XB1.

Plenty of people who paid $60 for it are getting their full value out of it currently as they marathon the game.

Is it missing some things one would expect out of a high profile, big marketing budget, hardware selling title? Hard to argue with that, but Titanfall is providing the exact kind of online entertainment consumers are willing to pay $60 for.