People really seem to be missing the fact that this includes the PS Plus service you're all already buying, which makes it a whole lot cheaper than GamePass, which is a separate service. Frankly, if you have PlayStation and play online already, the extra $40 a year for the next tier up is a no brainer.
I guess time will tell. It's only $20 less per year than the package of games they were already offering and only a few million PS+ users bothered with that. We will see if the type of games they add changes or if things stay as they are.