Great month, but PS Now continues to have the problem that there is a lot of overlap between PS+ and PS Now which is something I see as a general problem. Even though I love PS Now, I think they could revamp the service a whole lot. I'd look at changing the structure a lot, basically kill off PS Now. Make use of PS+ / PS+ Collection. Release PS1-3 games on PS+ Collection, and similar to the Switch's cloud-based games, just be upfront about them being cloud versions.
Looking from a competitive standpoint I feel like focusing on one service (PS+) is more attractive, even if that service is more expensive. Something like "Disney+, Hulu, and ESPN are owned by the same company, but separate services" or even "Live Gold + Game Pass" scares me away. The same case with PS+ and PS Now, especially because of the overlap in games. Wouldn't mind PS+ growing into something a lot bigger while at the same time raising prices.
Could also use the tech to make "1-hour demos" on the PSN Store for example, and to buy separate PS3 games. Would be awesome to at least have a chance of playing Playstation All-Stars, or Puppeteer, or Resistance, etc. Lots of great games stuck on PS3.