Personal preference will have a lot to do with this. A lot of it also depends on the game.
A game that takes a few hours to run through and doesn't offer much for re-playability isn't worth the cost, for me. A game like Skyrim, or even Dragon Age: Origins that allow for hours of playing and the ability to replay it as a different class or to make different choices, yes, it is very much worth the cost, for me.
Especially if you divide the initial cost by the hours spent playing it, I don't know of any other entertainment that would be cheaper.
I usually wait to buy games during the Steam Summer/Winter sale, so the price is usally worth it. The games that I do pay full price for are usually games that I've spent some time reading reviews (or its a game in a series that I enjoy (Elder Scrolls, Civilization, Fallout).
Early Access games are similar. If I can get an hour per $, then I'm happy.
No, I think new games are way too expensive. Especially if they have a lot of (separate) DLC.
I prefer to wait until a decent sale (at least 50% for games I really want, 75% minimum for games I'm interested in) before purchase; I don't mind waiting a year or more for a game. For example, I've started Skyrim somewhere in December 2013.
It depends on the game, if it's a game I'm super excited for, then yeah sure, full price is fine.
Especially if it has a lot of content and replayability.
Most games I prefer to wait it out a little, read some reviews etc.
I think if video games have more than 10+ hours of play time they should sell for $50 dollars (USD), not $50.01 dollars (USD) or $60 dollars (USD), if it's a collectors edition that comes with physical items like a cloth map, paper map, a statue, a sticker(s), etc then yes it should cost $60 dollars (USD) or $100 dollars (USD) or some higher price if the items are made of very high quality materials or precious materials like has something made of Gold or Titanium.
If the video game has multiplayer only and no single player then it should cost any where from $15 dollars (USD) to $20 dollars (USD).
If the video game has singleplayer only or both singleplayer and multiplayer and offers 10 hours of play time then any where from $20 dollars (USD) to $40 dollars (USD) is what those video games should cost.
Video games like The Elder Scrolls video games, Fallout video games, Dragon Age video games or video games that are that big should cost $50 dollars (USD).
That is what I think at least.
Depends on the game. I definitely think that a linear game that you can finish in 10 hours or less isn't worth $60, but a long story-driven RPG or a strategy/sandbox game with a lot of replayability may be worth that much.
I usually don't buy any games until they drop in price by about 50%, unless it's developed/published by a company I want to support.
I haven't bought a game for full price in years. Once they hit $60, that was my cap. Sure I'll put in many hours, but it's just my irrational limit.
Like a mocha that costs more tha $4.00