I am in the PS NOW Beta, it works well so far...far better than I honestly expected. I'm in the PS4 and PS3 Beta. I've picked up a Platinum Trophy due to PS NOW, lol. They aren't demos of games, but the full thing.
Due to NDA, we can't talk too much about NOW, but so far it's been very good. Of course, good internet is a must like any streaming service. I have the top Wifi consumer ranked router in the world (ASUS AC68) to compliment my high speeds, but I also know some people may not be as fortunate.
I'm not much of a renter and I own all my older machines, but for people that do like to rent it's neat-o. I also could see it being useful for those 360 and other converts getting a PS4 and never owning older PS consoles. They will have a big library to go back and enjoy. It's a pretty sweet service in that respect.
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