Eh, I don't think the gaming market will crash, though it certainly could, but I'm betting it'll be avoided. EA is a different subject. EA just ruins things and has generally been a pretty sleazy company the last 5 or so years.
It's certainly true that the video points out a lot of failures (mostly by EA) over the last few years, but there have also been a great deal of good games. Most things Bethesda, Far Cry, Tomb Raider, Borderlands... The video just seemed like someone ranting after trying to play SimCity for a few hours and wanted to rail against EA without being completely obvious.
As much as I hate DLC, it's not always a bad thing- companies and players just have to start figuring out some general guidelines. The content DLC aren't always extensive enough to justify the overhead of a new game/sequel and they can be significant enough that they don't make it into the game due to deadlines. I'm always reminded of the
Developer Jam for Skyrim... everything there was created as experiments, but then half of it ended up in DLC or updates simply because it was so cool. Clearly cutting content from a game as launch DLC is a horrible idea though (looking at you Mass Effect 3). For other than content DLC, I really liked the
ExtraCreditz on micro transactions and is definitely worth watching. I'd make more points about micros, but it'd just be parroting the link... and for the record, I support the $70 monocle (unless it was an example of selling power, though I thought it was just aesthetic). If people want to waste their money, go right ahead- just makes it easy to identify the rich/morons.
I could not care less if used game sales suddenly stopped as I'm more concerned that a new console might require an internet connection, but it would be a horrible idea to do either. The video mentions bringing a game to friend's house- even if we ignore that a huge majority of multiplayer is done online already, some alternatives are: bring your HDD, bring your gaming system (PC gamers have been doing this since forever!), have your friend come over instead, and probably more. Yea, sure not as easy as bringing a disk- but if you're bringing a disk, your friend has the system, so he has all the cables and hookups, so bringing your HDD/system really isn't too difficult.
Oh, and maybe Sony will mention it at E3, but hiding facts about allowing/forbidding used games is just a bad idea. The sooner we have all the information, the better because then it gives the fan base time to contemplate and time for Sony to (re)think any strategies. There's nothing that will cause more problems then a surprise, that's for certain.
Also, it's been a few days since I watched the video, so not sure if it was mentioned or not- but Madden, FIFA, and other such games should move to a subscription model though I don't know how it would work (benefits vs. free content). Personally, I'm surprised EA hasn't already because I bet they would make money overall than simply releasing a "new" game every year. This is what made FFXI the most successful Final Fantasy of all time and the playerbase in tiny compared to Madden. Of course, knowing EA, they'd offer subscription, then make a new game after a year anyway... I guess if I were EA, I'd promise to only make a new game every 3-4 years. Offer subscription option to allow for online and key updates every month... then when they release their new Madden after 3-4 years, price it at $60 and allow for 50% off with a copy of the old game which would remove a used physical copy from the system or... since everything is moving digital, 50% off for those that obtained a moderately difficult challenge (play 100 hours, win 10 games or something), but nothing that wouldn't be unlocked for a typical dedicated player over a period of 4 years with a subscription account (this shows "dedication" to EA). Could offer weekend tournaments or "in depth" events during the regular football season to make subscription option more appealing. Ok, that was longer than I expected, but I'm keeping it regardless of how pointless my ramblings became... I think I'll make it small though Also also, I'm really sick of preorder-to-win models!