I wouldn't buy either. But if I had to, I'd go for the short-term commitment.

" I wouldn't buy either. But if I had to, I'd go for the short-term commitment. "

Why would Sony ditch it? They don't lose any money from it.

I have it and quite frankly I'm not sure what exactly I'm paying for. Just the day before yesterday I got an invite for the Dead Space 2 MP beta, but besides that I don't think I've gotten much out of it. I mainly did it because:
 
1) I'm obviously retarded. And, 
2) Figured if it didnt improve after 15 months (with the introductory 3 extra months offer) I just wouldnt renew it.
 
You also get the free Qore subscription, which I guess saves you $20 a year or however much Qore is yearly. So yeah, Id say go for the 3 month for now.

Well for $50 you're almost at a whole new game. Or you could get the short plan and get a Where's Waldo costume, for the same $50. 
 
If I were you I'd say fuck the PS plus and save the money for awesome stuff, like the upcoming costume quest and super meat boy. 

In all honesty it's not really worth it. But I've gotten a couple of things I liked. If I am able to get into the KZ3 beta then I will definitely be happy with my purchase, though.

dont know what to tell ya man, I had 3 months and it recently expired for me, I got to keep 1 game I think and that was wipeout hd...otherwise It never really was worth it, PS+ had one of the most lack luster launch and first month lineup I've ever seen. I expected more.

I would easily go with the 3 month plan. I love Sony but PS plus doesn't have a whole lot.  So just try it out and see if you like it.

after thinking about it for a while I paid for a year and got the 3 months free, 3 months later I am very happy with it, gotten good games from it and saved on some add ons I was gonna buy by getting them free and some on a discount.
 
even got invited to the Dead Space 2 Multiplayer Beta even tough I didn't even apply for it and wasn't expecting it.
 
so I would say go for it, try the 3 month one if you want but if your like me I preferred to go for the whole year + 3 extra months since it was only what $32 extra? better $50 upfront than $17 + $50 later if you like it for the same amount of membership time and at the end of the game at least I got to play some new games that I got from the membership rather than paying just to play online.

Get the short-term contracts when something like exclusive beta tests roll out. Otherwise, most of the many months of the year if you suscribe to the yearly will be the normal PSN content.

I have money to blow. thats why i got it. If i'm in a budget or had that came out now when all the games are coming out I wouldn't get it. I've got a lot of cool games that I would never had touched with PS+.  I'm in the AC and dead space beta with PS+, but they sent me invites right when im playing dead rising 2 and castlevania, and i just got MoH. not a good move Sony.

You could use the $50 and buy a subscription to GB.