Then render with the up to date version of LR if you don't want to subscribe.
Bypassing LR is only your current practice, and you can easily be more disciplined and gain the benefit of the new derivatives automatically being in LR.
I'm no fan of Adobe's move, but upgrading LR for its updated raw file support is a perfectly practical alternative to subscribing.
John
Why does LR say that when you haven't updated ACR for Photoshop? Are we losing anything in the process by doing that? And I seem to remember a intermediate file being created in the process, but I'm not sure about that.
And it doesn't solve the problem for pulling raw straight into PS.
PS does everything I want or need, and then some. I don't need or want upgrades to it. I would pay a small fee for ACR upgrades for PS, but I will not get on the monthly payment train.
LR and PS work for me, but that doesn't mean they are the ONLY apps that will work for me. I'm familiar with using them and would prefer to stay with them, but I will switch rather than get on the monthly payment train.
I shudder to think about other software companies adopting the monthly payment train. Monthly rent for CS, and your OS, and Office software... Where does it end? Oh wait - the software doesn't support local file storage anymore, so you also have to pay for cloud storage.