You are right - the way these things are focused on past shows makes them really attractive to people who are already fans of Rollplay. It is possible that making them availble otherwise then as $20 reward would actually get people out of the $20 patronage.
The only other factor I see here is that Adam actually puts a lot of heart into the PDFs, and does so for a limited audience. I write stuff for a living and I don’t know how long he will be motivated if only the couple people pledging $20 and higher get these amazing pieces. I don’t know - maybe he’s going to make something else in PDF format that will be availble to a wider audience? Depends how he feels about that work and he’s rewarde for it. If he get’s a fair cut out of every $20, then sure, I can see JP holding those PDFs locked in a vault for everyone else then selected Patrons.
Anyway you’re right -I think that there will be more people interested in waiting, and much less interested in paying for early access.
Can’t wait to see the next issue!