Timboli: I wonder if games will ever move to the rent model, something like Netflix, etc?
toxicTom: The Netflix model would at least be more honest than Steam & Co. currently are. You pay a monthly "library free" and have access to everything that library contains. Stop paying that fee and you lose that access. Steam & Co do suggest that you "buy" a product though, when in reality you pay for a service subscriptions ("for the time being...") for a single product.
When you buy a product, you own it, and with that single product you can do as you like. Use it in intended and unintended ways, destroy it, re-sell it, give it away, bury it somewhere and forget about it... But since you in reality you only rent the products on Steam and Co, you can't do all that. It's like you go to a library and want to lend out a book (for admittedly: potentially an indefinite amount of time) - and have to pay the same price for that single book as if you bought it in a store. And what's more, if the book gets a revised edition, for the better or worse, they can force you to exchange it for the old one. And if for some reason you and them have some fallout - they send someone over who will promptly empty your shelves, no matter how much money you spent on those books - they're not yours.
Nobody would agree to such a scheme but: here comes the catch: the books they carry aren't available in normal bookstores anymore. Just in that expensive library. And instead of making it clear you're only lending out those books for a hefty fee, they leave you to the illusion you actually bought them.
I can't fault the reasoning of most of that, as I pretty much see it the same.
However, as much as my family use Netflix, I don't. Personally I don't like it, for pretty much some of the reasons you mention in your next post. My approach though, is with the mindset of a collector, and I don't like the idea that I will probably lose access to something I like at some point. That is why I collect after all, to avoid that. So for me, money spent on Netflix is money wasted, that could have been spent on an addition to my collections.
Add to that the fact I am so far behind in my viewing with what I own, that I could never justify paying for rental stuff to watch, when sense says use up what you have already paid for first.
I do buy ebooks from Amazon and sometimes others, but only because the DRM is easy enough to remove or they don't have any. I don't share with others outside my family, not even friends, so I feel no guilt at all at being able to backup what I have and make device types flexible. I'm not the borrowing or lending type either, so I pay to own.
So I guess you could say, that my view is DRM should mean a rental price, not a buying price. And that should be a huge difference, far cheaper for a DRM product you will never own.
P.S. All that said, there is quite a bit of disparity out there. Take books for instance. Most people read them once, so whether an ebook or a physical book, you are mostly having the same experience, so perhaps the cost should reflect that? However, on the other side of the coin, you can lend or sell a physical book, and ebooks are far far cheaper to provide. So when you think about watching something on Netflix, as opposed to what you pay if you buy the same video, and factor in how many times you are likely to watch, especially as there is just more to watch than you can keep up with now, you can see that Netflix devalues videos a lot. Also compare that to the cost of the Cinema experience.
You get a similar thing with Spotify and others. We are going through a real change right now, not the least of which, is the value of things.