The best part of waiting is if there's a "Ultimate Edition" or something like that, including all the DLCs. It let you save A LOT of money.

I'm always late to the party when it comes to consoles, but only about half and half when it comes to games. The games I do buy day 1 i already know are going to be worth my time and money so i don't have to worry

I'm always late for the party, with very few exceptions. I've been into Pokemon since day 1, for example. I personally believe it's better to be late to the party than be on board with a hyped series the first day. It gives you a chance to find out if you would really enjoy the series in question. A good example for me would be the Mass Effect series, which everyone around me seemed to love. I played Mass Effect for the first time a few weeks ago, and I'm personally glad I was late to the party. I greatly disliked the game. This may surprise many people (Or the people that actually care), but I was really late for the party for Dragon Ball. I started reading the manga the summer going into my sophomore year of high school, which was 2009 I think, which was LONG after the manga ended. Well, it may not be very surprising, since I rarely talk about Dragon Ball in the first place.

this pretty much. i rarely buy day one or preorder. when i do, it's when i 100% trust the developer (i.e. valve), the game is pretty much a known quantity (BL2/SR4 - described in previews like the previous one only __er) or PC ports to previously released and reviewed console games (AC is a repeat offender) so i never get burned. worst pre-order so far was AC3 which left me underwhelmed, but not (too) regretful.

Unfortunately, I've learned that this really only applies to single player. For multiplayer, usually the advantages are to those who get it day one. Initial level playing field since everyone is learning the maps at the same time you are, pwn'ing those who chose to wait, playing while the servers were full, instead of when they are ghost towns, etc.

As good as this list is sadly i'm almost never late for the party, I'm an impatient person when it comes to game and when it comes to a game I want I usually can't wait to play it even picking it up at midnight if I can. patience is a virtue but not one I ever seemed to master still a great list though.