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I know law differs from country to country but jebus....
Just pre-ordered my steam controller btw
In other countries even if you sign the TOS it may not be legally binding thus you may not actually be bound by it.
This is one such example in the UK: http://www.which.co.uk/consumer-rights/regulation/consumer-contracts-regulations
Although that linked law is total bullshit really, and even though it's newer it's still showing how the UK government is out of date:
So technically, Valve are within the law.
Although Valve have already warned me about asking for too many refunds, pathetic really.
Fact is, I even requested a refund once, for £0.02 :-P Purchased a (really cheap) game on steam but it wouldn't boot at all, so got a refund. I didn't get any warnings etc though. But they did make me wait 7 days before it was "credited" back to my account -.-
Yes, they took 7 days to refund £0.02....
As far as I'm aware they also changed their trading card policy to disable card drops until after the refund period is over so realistically you can't "gain" anything by buying and refunding games.
How is getting a refund deemed suspicious? Just to be clear, these were games you yourself purchased? Not ones gifted by devs for review?
Besides, one of the ideas behind Steam's pricing scheme seems to be that digital copies that can not be resold, are thus cheaper. I agree with that overall idea, and don't think reselling is necessary then. If a game is still to expensive for you at lauch, just wait for the first big sale, which also comes much sooner on Steam than in a Brick and Mortar games store.