for barely 40 USD of content

This is completely relative, and different for everyone... But I have a hard time backing up statements like this given that it costs nearly $20 to go to the movie theater and watch a 90 minute movie. If I can get like 40-150 hours from a $70 game... That's really not that bad in terms of value. In my opinion.

I think we have been a little bit spoiled (that isn't to say that video game publishers aren't greedy corporations that over charge to increase their profit margins, of course they do and fuck them for it).