You used the word "need" quite a few times when talking about the options. I am not certain that I agree,
That's fair. I'm clearly speculating about what exactly is in the Essentials line since I haven't seen it yet.
in the same way that I don't "need" any of the 4E splat books (Arcane Power, Martial Power, etc). All that stuff is in the CB, and that is where I get that content from.
What do you **need** to play the game today? I say you need at least the PHB1 at the table. PHB1 has rules for how to play; rules for how to make characters; descriptions of races, classes, paragon paths, epic destinies, and their associated powers; descriptions of skills and feats; equipment and magic item rules and descriptions; full combat rules; and adventuring rules.
What is the Essentials equivalent of the PHB? It sure doesn't look like you get even most of that from any single Essentials product. And as soon as you need two or more Essentials products to equal the PHB you are paying more for less.
Thinking about the rules compendium, and the people who are asking for updated, errata-ed rules in print versus those claiming this to be a money grab.
I don't think the Rules Compendium is a money grab, but I do think that about the Essentials line as a whole.
It introduces the game to a wider audience (Red box will be in Toys R Us for the holiday season I bet),
The Dungeons & Dragons Roleplaying Game Starter Set was released in the fall of 2008 and contained "introductory version of the 4th Edition rules, dice, map tiles, and an adventure to get started playing right away!" with a $17 MSRP. This new red box is the same thing, only designed to exploit the power of nostalgia and the power of ooh-new-and-shiny instead of just the power of ooh-new-and-shiny.
Wizards of the Coast is a business, they need to have revenue. This is a win win in my opinion. and provides revenue for the company to produce further product.
A corporation doesn't have a right to revenue. They have to produce something of value to earn a customer's business. My argument is that they are offering less value in a new package with this Essentials line, using tricks mastered by the movie and music industries and so they don't deserve our money for it.