Not sure why you would expect any sort of physical media. These types of consoles are purely intended as emulation-based impulse buys. They're meant to go from

Not sure why you would expect any sort of physical media. These types of consoles are purely intended as emulation-based impulse buys. They're meant to go from box to playing on a modern TV with extremely minimal setup, not provide a way to play original games you might already have. Completely different audience. I'm sure the controllers are to keep the cost down, but not having analog sticks (and seemingly no way to plug in original DualShocks) is going to make this a no-go for a lot of people. I'm sure the success of this will hinge entirely on exactly which games they can put on it.