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IMO, G-Collections has it right. There was a time they were going to put DRM on all of their products but backed down and decided to put it on only downloadable purchases. So their discs are just install and play, no cd-key or anything, and I'm happy about that. I think it was Peter Payne himself that made that decision, not to sure.
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Correct, although it was actually JAST USA that debated on the matter. G-Collections withdrew from the market after implementing their authentication system (the parent company was in dire financial straits. They now focus on developing and selling DRM), and the business was sold. That's when Peter Payne considered incorporating the same scheme on all his other releases.
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I want something I know will be there 10 years from now if I get the urge.
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I don't mind short-term licenses if prices are low (up to $20, maybe. The Gametap subscription service is also a great deal even though you don't own any of the games). However, a 50 Euro price tag is insane.