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thevault314: Steam would be much better if it used less RAM ..
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xabbott: Most people don't even know how to accurately find out how much ram Steam alone is using. I don't even know if by default task manger is setup to do so, or if you can even use the task manager pre-vista to find out.
There is also a lot of misunderstanding on how Windows handles memory so you end up with all these urban myths about disabling page files, running ram defraggers, or programs to "clean out" ram.
Considering the client does much more than list games (servers, friends, IM, voice, overlay, browser) I would say the client is pretty slim. Compared to another big digital store client (itunes), it is definitely much better.
This is just speculation but I think this might also be why the client is so plain looking. Staying away from the default Windows widgets may allow it to keep a lower memory footprint. Could also have to do with the overlay not looking horrible at different game resolutions like Xfire and GFWL.
Anyway, it appears the vast majority of Steam users have 2GB+ right now.
When it comes to background apps I watch the CPU time being used.

Steam was a RAM hog... in 2004. As Steam was improved the amount of RAM it uses is negligible. Though I remember running Far Cry a few months ago off Steam and on my laptop (which had 2GB of RAM but the computer wasn't very good) and it was ridiculously slow, but I bought the GOG version it ran perfectly. Coincidence?
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DarthKaal:

Once you a buy a game on Steam you can't resell it and you can't return it. It's yours, tied to your account and locked down until the end of time.

"It's yours, tied to your account and locked down until the end of Steam."
Fixed.

Which considering Valve makes almost as much as Blizzard does, gets 40% returns on most games sold on Steam, and still makes a hefty profit off its own games, even the old ones, probably won't be happening for a good 10+ years, and if it does happen, all you would need to do is take out a USB or an EHD and put all your folders in there, and then either get cracks if Valve doesn't release a patch to fix everything, or use the patch provided.
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Catshade: Conversely, The X-COM pack is sold internationally in D2D, but it's only in the US/Canada on Steam (well, at least it's not available in Australia). Funny thing, huh?

And according to the 2K representative, Elizabeth, that was supposed to be "temporary". And all the games should have been available again worldwide within a week or two of them being removed from sale.
http://forums.2kgames.com/forums/showpost.php?s=524f1460512dca38819ea8b1393e9203&p=261337&postcount=7
As to who's fault it is that this still hasn't been changed, is anyone's guess. But I certainly wouldn't put all the blame on the publishers, especially given the recent track record for Valve not to listen to the wishes of publishers (such as with the last few THQ releases when it comes to some regions).
How to fix Steam:
1) Never use it.
Done