Just some incoherent thoughts.

It seems like many people forget about one of the most forward thinking moves made by SEGA in the 90's. SEGA Channel was a subscription service through Time Warner cable (not sure about other companies) that let you play Sega Genesis titles and demos via a special adapter like cartidge thing (that's the technical term, honest) that you attached to your Genesis console (dat coaxial cable powah). My cousin had it, and I thought I was playing the future. Sure the load times were atrocious, and apparently the subscription fees were ridiculous (I was a kid, so I didn't know or care), but you got 50 different games a month! 50! That's like a gaming wonderland to an 8 year old.

I was hoping Playstation Now was actually going to be a service that let me stream old games that I already owned to the PS4. Wishful thinking apparently. I have just about every game that appeals to me, so a subscription service like this doesn't benefit me in the slightest. Will there be enough people interested in this service to get it? Maybe if it's priced right. SEGA was expecting 1 million subscribers in the first year and ultimately only ended up with 250K according to this random site cited by Wikipedia.

Link to random site cited by Wikipedia: http://www.sega-16.com/2004/12/sega-channel-the-first-real-dowloadable-content/

If Playstation Now doesn't pan out or meet expectations, how long will SONY pump money into it? I know I wouldn't want to subscribe to something that may  not be around for very long, especially with how long games are these days. What if I'm playing Suikoden III on Playstation Now and SONY decides to pull the plug when I'm only halfway through the game? This is just a hypothetical question of course, because a real Suikoden fan already owns the physical copy, but still. Food for though.

Sega were the true innovators in the industry.

Agreed,they pioneered 16bit, CDs, online gaming, subscription services, they were always ahead of their time. Maybe a bit too ahead. 

Sega was so far ahead of their time it scared people.

Sony pumped billions into their sinkhole called TV division.. So PS Now should be fine for the next 10 years.. Its actually the one thing that intrigues me about Steambox and SteamOS.. To buy games now and in 10 to 15 years buying a new Steambox yet it has the ability to play my entire collection I bought in those years..

Sadly, what the had in abundance when it came to innovation, they lacked severely when it came to business decisions.

As long as they never go under that is.

Yes, Sega is great, now, give me a proper Valkyria Chronicles sequel please.

 We lost a lot when we lost sega.  More than we realize.