Is the existing pricing structure a product of Sony seeing this service as a way to market PS3 games to people who own a PS4 but did not own a PS3? For them, the ability to buy a used copy for less does not apply. I think the $2.99 for 4 hours is reasonable, people seem to think that this is a large amount of money but it isn’t. The 4 hour price is also a way to short-term rent a fun game to play when friends come over. Also, the $14.99/90 days price allows people enough time finish a game and means that you could play approximately 4 games for the price of 1 new game.
The biggest problem is the selection of games. Where is god of war and uncharted. 100 games is meaningless if the lead Sony games are not included.