They removed the ability to buy, sell, and lend games. You have to pay an undisclosed fee to "install" a game that has already been installed, which is mandatory.
the rumor you're basing that on doesn't appear to be entirely accurate [1]. either way, i don't think its fair to draw judgment one way or another until they actually explain how that will be handled..
also, this issue is nothing new and is certainty not unique to microsoft or the xbox. i think its fairly well understood that there's going to be a change in this area as the way content is distributed continues to evolve..
whatever the actual implementation is, i'm pretty sure it wont be as bad as you're implying (... removed the ability to buy, sell, and lend games) and will probably be standard across the industry - and structured in a manner as not to totally decimate the second-hand market..
