I'm surprised. I'm been wandering around various forums and the xbox 1 vibe doesn't seem to be that negative. To me, I think this is a horrible trend and I have no desire to pick it up. Especially at the prices they are asking. I somewhat accept Steam and tablet game prices because you can get lots of games <$10. $500 for the ability to buy $60 games that you don't own? I never pay $60 now for games. Literally Rock Bank Special Edition was the only game I paid >$50 this gen.
I'm curious about the fees. Initially it was the used fee will be the same as buying it new. Now it seems they've dropped off that point. But you can expect the overshipment and <$20 prices within 6 months to stop. I just don't see how this benefits the industry. Are people really going to spend more on games? I have a set amount I spend on games and I try to maximize my enjoyment out of that. If I spend $60/game, my budget would be like 3 games a year. I'm not not paying $500 to play 3 games a year. And consumers will really think twice about buying any game that doesn't get 9.5 on all the major review sites. So expect the trend of sequels and copycats to get worse.
I really hope Nintendo doesn't go this route next gen. The Wii U may be the last console I own if they tread this path. If the Xbox 360 for $99 rumor comes true, I'd have to pick up a 360 though. As a PS3/Wii owner, I think I could find enough $10 360 games to make $99 a go.