For the record, XBOX and PS officials have officially shot down the rumors of there being no game discs or being able to trade/buy used.
From a business standpoint, they'd be losing a lot of customers. From a practical standpoint, they won't be willing to throw in a big enough harddrive or offer enough cloud space if every game you had to play had to be loaded digitally.
Anyway, I'll be skipping EA this time around. Picked up a game from steam that's of the same genre, and best of all: It isn't made by EA.