@High-Res: Yes the console market needs time to acclimatise to them but once they have I bet they work just as well as Steam ever has, but it just needs the right pricing to make it happen.
Also you don't own your games? I don't tend to lend my physical copies to people, but other than that I've never had a game on Steam that was simply removed, or changed or taken from me, where my ownership of it felt abused. Not once. Plus it only takes Microsoft or Sony to change the no trading policy. Just because Steam hasn't doesn't mean Microsoft or Sony won't.
Sure at the end of the life cycle of Steam there might be issues with ownership but how do you know they won't waive the digital rights at that point? Or it would be up to the developers to decide if you get to keep your game. Say all of the games you have bought you now own? It could happen, I'm sure if everyone rallied together it would happen. You can't base you choices now on something that is years away at this stage and has never happened before.
@spike6958: The Xbox One was never going to be all digital. When it was released we had the sense that Microsoft wanted to go in that direction but if they released a console that was all digital now they wouldn't have even sold as many as they have.
Well if you think about it, you said you don't replay that many games, so what does it matter if the consoles are backwards compatible or not? I mean backwards compatibility is nice when there is nothing to play on the new consoles but when the games start coming out playing old games isn't going to be at the top of people's list.
Honestly if console gamers were given the same benefits as the PC people have terms of price and sales even with the differences from PC. I bet the number of people who went all digital just for the convenience it brings of being able to buy a game and start downloading it immediately and then not needing to swap disks and things between games, will be significant.
Hell the PC crowd all said the same thing about physical copies and look at them now. Most game stores don't even stock PC games any more. Or at least the ones near me have stopped doing so.
@wiouds: Unless Valve want to be seen as the villain of gaming for the rest of time, they aren't going to do that. Digital rights are nothing more than software and fluff, it can be taken away as easily as it is enforced. It might be the developers job to let us have the rights to our games when Steam goes away, but no one can predict that future. Sure not worth basing your decisions on it now when it is so far away.