I'm not so sure they can do it. You can't give people the give people the golden apple of free online console gaming for a year and a half and then snatch it away like that. Yes, they'll get their yearly fee from those who remain online, but they'll lose at least that in the long term from people who choose the Xbox over the PS based on the online. I can see them charging for certain services like the online magazine Qore, maybe even for Home, but for your basic PSN and ability to play games online for free? No. That ship's sailed.
See: Netzero(in terms of customer retention.)
That said, no, I wouldn't pay for it. I don't see myself paying an extra $3-400 over the life of a console(that's a whole 'nother console!) for online that will never match what PC gamers get for free.
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