WeepingAngels said:
Seen people make this claim many times, never seen the actual quote though. Do you have the actual quote?
Even if it weren't true, it doesn't matter.
When you buy a game off Steam, you own the game. At least, in the same fashion you "owned" those games going as far back as the 90's.
See, here's the thing:
If you're buying software via digital distribution, and you're
not downloading and backing-up those games onto a hard-drive, DVDs, or other storage medium, than you are being
incredibly irresponsible with your purchases.
Not doing so is the equivalent of going to Gamestop, paying for a game, and asking them to keep the disk behind the counter until some unknown future date when you may or may not return to pick it up.
Or, if you don't keep back-up copies stored locally
(as in, solely relying on downloading from Steam after the initial install), then that's the equivalent of buying your game from Gamestop, taking it home for a bit, then returning to the store and asking them to keep it for you until you want to play it again.
Sure, they may be obliged to keep that copy available to you, but if they go belly-up and your copy goes with them, then that's on you.
Every time I purchase a game from Steam, I immediately download it and create a back-up of the game to one of my external hard-drives. That way, even if Valve magically "goes away" in the near future, I still have all of my games.
I really wish more people would realize this. I really get sick of hearing the "but they can take away all my games at any time!" bullshit.