I think this is incredible and especially so for the community that frequents these boards. What do you guys think? Anyone plan on signing up?

edit (link to info): https://www.unrealengine.com/blog/welcome-to-unreal-engine-4

Is this a cut down version? I thought Unreal contracts had a higher royalty rate than that.

I don't think so.

All that plus introducing a unity style store... This could be a game changer.

Note that it is $20 per user per month. So if you have 5 developers on your team and it takes a year to build the game, that is $1200 you just paid in development tools, plus 5% of your gross revenue.

The engine is certainly good, just be aware that if you are counting your money in a startup, the fees to use it can multiply quickly. If you do the math and it works out for you, wonderful. If you do the math and it doesn't work for you, there are alternatives. Either way, if you are considering Unreal for your game engine be sure you do all the math when picking a license.

Note that it is $20 per user per month. So if you have 5 developers on your team and it takes a year to build the game, that is $1200 you just paid in development tools, plus 5% of your gross revenue.

You can even just pay 20$ once for half a year, just to grab an update.

It's certainly giving an alternative to Unity Pros $75 per month. (Incidentally has everyone seen the trailer for Unity 5? Looks like some nice improvements).