Part of the value is also providing assurances to game publishers that their games will be harder to pirate. With the 'rampant' (in many publishers' view) pirac

Part of the value is also providing assurances to game publishers that their games will be harder to pirate. With the 'rampant' (in many publishers' view) piracy scene on PC, publishers would prefer not to have to also deal with the piracy problem on consoles. By taking on that burden, the console manufacturer makes their platform much more attractive to develop for. It also lets game devs make more mistakes without having their dirty laundry aired out for the world.