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Mar1217 said:

No and considering how much of the gaming ground is now covered by the almighty AAA Gacha live-service games knowdays, it would simply be even more of a prohibitive increase to the general people who can only afford so few games a year.

And that's not even considering the fact that a lot of those big publishers like Take Two derives most of their profits from the add-ons(MTX,DLC, subscriptions, etc ...)
It would only add further to the barrier of entry before even getting into their (bad exploitative) ecosystem.

Anyway, it would definitely wouldn't the help the trend of seeing people wait up for those sweet sales instead of the 1st day buyers being there in mass.

Yep, I agree with your last sentence, they wouldn't make up the difference of the people who wait for sales... but, they could get the whales first and then drop the price to 70 and people who wait for sales might end up becoming what we consider day one pricing to be.