I was resistent to the original suite offer because it cost way too much for a product that I only used occasionally (PS), and there were a lot of unresolved questions about what happens if you go off-grid for a few months, etc. This offer more or less parallels what I'd probably pay anyway -- PS upgrades every 2-3 years, LR upgrades as they come along, so I'll probably go for it. I do think they should also offer an annual billing, if they don't ($9.99 x 12) so that if something does go wrong with your credit card billing cycle, as Thom Hogan says happened to him, at least the chances of a problem would be reduced. I have to say I'm not too impressed with the 20GB cloud offer -- I have thumb drives bigger than that. 20TB would have been interesting.
But, I'll probably do it. In fact, I'm sure I will, if I don't drop dead in the next week. As for all the questions about whether we'll get upgrades and so on, I don't much care, because PS/LR does pretty much everything I need, right now, and if they just do maintenance forever, that'd be okay with me.
However, I don't believe Adobe when they say the price is good forever. When interest and inflation rates get back to normal, which looks like it'll be in the next year or two, you can expect that the value of the dollar relative to what it will buy will drop about 3% a year or so...which would be a real loss to Adobe, and a real gain for the rest of us. I doubt they will tolerate the loss, so at some point, "forever" will end...I suspect that will come along in perhaps five years. As for the "you should have read the fine print argument," what a bunch of BS. That fine print is designed NOT to be read, and I doubt that more than a small fraction of 1% actually does read it. Even if you did read, say, the CS3 fine print, would that mention the possibility of giving up your license for a product that didn't even exist back then? Maybe, but why would you pay attention to that, or remember it?
Still, with all the obvious objections, I'll buy it anyway, for now, and worry about it in five years.
Oh, yeah, one more question. I have two photo processing stations, and also a laptop, all Macs. What provisions are there for using your various machines with the subscription suite? Can you sign off and on like you do with the stand-alone products?