I was playing my recently acquired copy of Panzer Dragoon Saga last night (don't worry, this is not a story about how I discovered disc rot on it lol), and the thought of disc rot came to mind, essentially spoiling the fun I was having with this game. Here I have this ridiculously expensive game and I couldn't help, but wonder if it was doomed to get disc rot or god forbid it already had it. As soon as I got to the next save point I quit and researched the hell out of the issue.
From everything I've read it seems that genuine disc rot is fairly rare, especially in dry climates. Apparently the pin holes that people often claim are signs of disc rot are in fact either manufacturer fault when the disc was pressed or damage to the top layer of the disc. Due to modern error correction tech in most disc lasers, these pin holes are typically of little consequence if any at all, even in key data areas on this disc. Genuine disc rot however (cloudy spots and smudges in the disc, or dark marks) is a whole other issues causes by poor pressing, poor storage, damage, and oxidation over time. Environmental factors often can cause or speed this process up. Despite learning about this and realizing that to my knowledge none of my games have disc rot, there still is one issue that all disc based media will run into eventually.
Nothing lasts forever, and that includes the integrity of the data on the disc or the materials that the disc is made out of. Eventually they do break down, and it is not certain how long this will take for discs that have been well cared for and properly stored. It begs the question of whether or not you want to hold onto your disc based games, which is you live long enough will eventually reach 50+ years old. Whether or not they will last that long is still a mystery since the oldest commercial CDs are nearing 40, however some of these still work despite limitations in quality of both the disc and the process by which they were manufactured. It's something I will probably research some more, but at the moment I'm not terrible worried about the disc rot boogyman despite some people on various online forums, and even various "news" articles making it sound like not a single Saturn or PS1 game will work in 20-years from now. I'm more concerned at this point with the long term longevity of disc based media, which at this point still seems like a big question mark.