As a student at a pretty well-known school with the intent of becoming a video game developer, I definitely put in my share of 40+ hour weeks (60-90 aren't uncommon).
But hearing a company's CEO say he won't hire people who aren't constantly willing to put in hours beyond the workweek is definitely disheartening.
What happened to the EA legal woes of a few years back? Is the solution to just say "Oh, well we expect it" up front? Hello to the new EULA of being hired? That's a grim future for all of us, if that's the precedent Epic is trying to set.