I’m not sure that price sensitive customers is what they had in mind for this… I believe they are just testing the waters to see how successful a online only console will play out. Whats worrisome for me is that this will work since the majority of the population is in big cities where access to fast internet is cheap and accessible, therefor their sales will still look good. The problem is people living in small towns with no good internet options are going to be left in the dust.
This concept also completely crushes actual price sensitive customers who can invest in a semi-expensive console as long as they only buy used games from pawn shops and yard sales for a few $ here and there. I’ve never paid for a new release $60+ game and probably never will, thus I will probably be left in the dust as a gamer if everything goes to online sales only.