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2 problems

1)One platform holder is virtually guaranteed to quit business in next few years, no one in world knows what will happen to digital versions of their games. Most likely they will be gone.

2)You can get banned for no reason, like paypal servers being glitchy. No one will give you your games back, even if you dropped like 1k USD. It did happen, there was a thread on neogaf from user who experienced it himself.

>Even if you do happen to get banned, why not just make a back-up of everything?

I'm not sure you know how digital DRM works. In best case your banned backups are good until your console bricks. Also do you really going to play all you bought? You gonna play Street Fighter Alpha? You just built yourself a random backlog which will just haunt you when you turn on the console.