Steam Family Sharing is designed for close friends and family members to play one another's Steam games while each earning their own Steam achievements and storing their own saves and application data to the Steam cloud. It's all enabled by authorizing a shared computer.
"Our customers have expressed a desire to share their digital games among friends and family members, just as current retail games, books, DVDs, and other physical media can be shared," explained Anna Sweet of Valve. "Family Sharing was created in direct response to these user requests."
Once a device is authorized, the lender's library of Steam games becomes available for others on the machine to access, download, and play. Though simultaneous usage of an account's library is not allowed, the lender may always access and play his games at any time. If he decides to start playing when a friend is borrowing one of his games, the friend will be given a few minutes to either purchase the game or quit playing.
"Our customers have expressed a desire to share their digital games among friends and family members, just as current retail games, books, DVDs, and other physical media can be shared," explained Anna Sweet of Valve. "Family Sharing was created in direct response to these user requests."
Once a device is authorized, the lender's library of Steam games becomes available for others on the machine to access, download, and play. Though simultaneous usage of an account's library is not allowed, the lender may always access and play his games at any time. If he decides to start playing when a friend is borrowing one of his games, the friend will be given a few minutes to either purchase the game or quit playing.
There are some incredibly important details in the FAQ that Valve has set up, including details about how region restrictions will work, how you may be punished for the other person cheating, and much more.
The beta will be incredibly limited when it kicks off in mid-September, limited to just 1,000 Steam accounts at the start. Find out how you can at least try to be one of the original 1,000 by visiting the FAQ and details page.