What happens when a game goes out of "print" Lets say you miss a game completely, and by the time you find out about it they aren't making it new anymore. Yes you can go to amazon but chances are its going to be stupid overpriced. Which is kind of the inverse of what devs are QQing about now.
Chances are, much like on PS3 currently, most games will have a downloadable copy available, but then again, will they stay up forever. I'll be surprised if they make used games completely unplayable, rather than having to buy an unlock code for even single player games.
They won't stay online forever and some games can't even be found online. MGS4 is only on disc due to the huge size. So is Uncharted 3 and God of War III. Also, who the heck is going to download 50 GB anyway?
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