Can I ask, what does "assets get wasted if they don't get comsumed" mean?
Also, I agree with emergent situations, as a gamer, I'd call myself an "explorer" I'll check every nook and cranny, often, with modern games, I end up breaking things because I go places I shouldn't yet, instead of following what the developer expected of me.
As for replayability, I agree that it has mostly been lost, but, I don't feel it's a bad thing. I have a backlog of games on various systems to last me several more years, and I continue to buy games at a pace that means it'll sustain for some time to come.
Coupled with increasingly less time to game as I get older, I struggle to play some games at all.
Fallout 3 and Oblivion were two of my favs, New Vegas and Skyrim sit in their plastic wrap since day one, as I haven't found the time to commit to them. Fallout 4 got some 60 hours of my time compared to Fallout 3 in which I spend over 400 hours.
I don't play COD, or similar games, their "experience" is too shallow and linear, and it's easy to just keep them out of my backlog.
I want a game with a solid deadline that I can shelve when I'm done and move on in the backlog. The really greats will get a special "shelf" where they'll come back out, or are given to friends with similar taste.