I was giving him the benefit of the doubt, and assumed he was referring to PS3 games that are relatively recent.  Still a dumb response.

Clearly the service still works even if the very latest PS3 games are not included, e.g. TLOU, and eventually those can be added too.

The answer could be really simple.

1. PS Now will not be a subscription service in the way where you get access to all titles by subscription.
2. The subscription (if one is even needed) will simply allow you to play games you have digitally purchased on the playstation store on any device that Sony enables.

The question, then, is, will Sony allow free use of PS Now and simply charge by making you purchase the games from the PS store? If so, there would be no subscription fee at all and their increased profits would come from increased digital game sales and increased audience due to the ability to use any device that they allow to connect to PS Now. Not to mention, the ability to allow backwards compatibility with any console they produce, PS4 or any in the future.

They could also simply require you have PS+, which would undoubably increase the number of subscriptions while allowing people with PS+ on a PS4 to play all their free PS3 games.

It depends whether or not it becomes the standard or simply an addition to traditional means of gaming. If the former, he sort of has a point as games development today has a much higher need for per unit turnover than music or movies but if it becomes big enough and the finance model works out, it can become a success. It needs to be played right, like everything else.
The important bit for Sony is getting rid of, or at the very least reducing, the massive R&D sinkhole.
With Sony's influence in developing markets and their ties in the music and movie industry, they can make this work, there is a lot of untapped potential in market segments with a weaker economy for a service like this.

It could either way. Personally, with Sony's pedigree, allies and influence, as well as their reach into developing markets; I think they can pull it off. Between this and Nintendo's new fusion project, an actual viable business model for the modern market could emerge. Notice I say "could", that is essential here.

PlayStation Now confirmed to be the best thing since sliced bread by Michael Pachter.

Can always count on him to give us the straight scoop on all the best and burgeoning trends in the world of video games.

Seriosly what a tool. Has he not heard of Netflix, Hulu, Redbox instant, Crackle, PlayStation Plus for chist's

Playstation Now is the future of gaming already initiated by the successful PS Plus.

Can you imagine PS+ without rented games? No, absolutely not.

In the future we couldn't imagine not playing all the great PS1, PS2 and PS3 games on TVs, tablets or Vita everywhere just with a (good) Internet connection.

Notice that to play PS4 games you'll still need an expensive PS4. And the people who really like TLOU or GT6 or UC and absolutely want to play it in perfect conditions, they could still buy super super slim 149-199$ PS3 bundles to play in those ideal (low input lag, no compressed image) conditions.

And then they'll want to play the shiny new GT, UC or TLOU on the shiny PS4!

I finally agree with this. I've never agreed to anything he's said before but now i do.

Paying to play old games that i already bought and played? I think not.

Is it preferable to keep three consoles under the TV instead? Neither the PS4 nor PS3 are backwards compatible, if you want to play games from all generations; you'll need a PS2, PS3 and a PS4 in the same setup. I much prefer having it all in one, if for no other purpose than a more streamlined experience. Besides; a lot of these older games can be practically impossible to track down in physical copies. Not to mention that you won't actually need to purchase a Vita or PSP in order to play their games.

It won't be terribly different from the current PS+ in structure, only a lot more all-encompassing and ultimately cheaper for what you get. I would much rather pay for something like this than PS+. Of course; that may not be the case for a lot of other people.

Beat me to it, 8 hours ago.

No thanks i dont want to replay old games. If i do then thats why i have a collection. Isn't that why people collect games? to replay them when they want. 

Playstation Now is the second coming of Jesus confirmed!