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Yes. In fact I prefer Nintendo's $20 dollar fee with few bells and whistles. Why? Because I only play online games for about three months out of the year, and that costs around $20 anyway. So if MS/Sony changed to the $20 plan, then I'd get more time out of the year to play online, with the same amount of money.

Look at it as a cost to time problem. $20 to play for a year is better than $20 to play for three months.