I found
this post pretty interesting, musing about what the new refund policy could lead to.
Steam claims that they reserve the right to restrict a user’s refund privileges if they are abusing the system, but quickly follows up by saying that refunding a game just to re-buy it on sale is not an abuse. I’m sure they mention this because they have a non-stop stream of support tickets complaining about buying something the day before a sale. This explicitly-stated-non-abuse is going to reduce Steam’s customer support burden. That looks good from Steam’s perspective. How does it look for you, the developer? Your Steam sale now applies retroactively to the last 14 days of regular sales without any of the actual benefits of being on sale during those 14 days.