I think the worst-case scenario here is that the idea of paying for a game on the promise of updates becomes so prevalent that people are no longer willing to buy non-updating i.e. finished, polished games. Barring that, I don't give a shit.
Most of the "horror stories" come from projects that were sketchy to begin with. As long as you know about the people you're giving money to, and not just the claims they're making, you shouldn't go far wrong. Consume responsibly, folks.
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