Sat comps made the turn not that long ago. Before we could pay full price for the IRDs (Target, Fry's, Wall-mart, etc) or after one year contract (no payment for the equipment !!!) own the box, LNBF, switch, etc after one year contract. That works with leasing model simultaneously, but that time wasn't the ridiculous upfront fee. The fee is pure "burglary" !
It is a one time "lifetime" lease deal ... and not a bad deal in the long run. If one buys their receiver it is only worth what they can sell it for later. Lease for $100 and pay the same monthly fees as an owned receiver or own for $500-$600 and hope that one can get $400-$500 out of the receiver on resale?
Yes, it can get old paying $100 for lease upgrades every couple of years to get the latest greatest model. But the introduction of those new models leads to the devaluing of the old models. How does one sell their $500 owned receiver for $400 and break even when newer models are on the market?
The primary value I can see in owning the receiver is knowing what receiver you are paying for. Unless one can specify the exact model when leasing buying can be a benefit. People who like to open covers an tweak their receivers are also less restricted on an owned receiver. But these choices come at a price.
If the resell market is strong enough that owning and reselling for each upgrade saves money then it makes sense to do so. But if one is going to lose more than the one time lease fee every time they do an upgrade they are paying for the "other benefits" of owning.