Yeah the good old days when you needed to buy a game, install it, sign into fileplanet and queue to download the latest patch, install and sign into gamespy, install and sign into punkbuster, and install and sign into all seeing eye to browse servers.
That's ignoring the stealth DRM added and additonal programs to do things like take screenshots or message people.
I think this is the important part everyone forgets. I remember this, and it sucked.
I've always found it curious that people call uPlay and Origin bloatware, but not Steam. Steam is every bit as much of a shit piece of software as the other two. The only major storefronts that aren't are GOG and Humble.
The wonder of steam, is that it's pseudo drm hidden by the social networking features, which even years later could use improvement (partially a fault of valve's company design though)
I see what steam is, but I don't care because I know what the alternatives are, and they're worse. Steam brings many good things to the table, much more than it does wrong, which im not even sure I can count more than 3 of them if I tried.
Also if steam goes down, like permanently, even though technically you have a subscription, i can guarantee that within an hour there will be a way to play your games offline, all of them. Steam drm is just, really flimsy.