Upload & Sell: On
I don't know that it's as bad as it sounds. Customers will get more updates rather than a large update every 18 months. It's just a different model.
It's a different model that essentially doubles the cost to stay current for owners of a single application....and you can never stop paying if you want to keep using that upgrade. So instead of paying $200 every 18 months for the latest version, I now get to pay $360 to stay current, and if I ever stop paying that $20 a month, it goes away completely.
Wow....sounds like a great deal.
The Creative Cloud makes sense for those who use the whole Creative Suite, and potentially for new users, where it'll take a few years to equalize what they'd have spent on the full version initially. But for someone like me, who had the full version of PS 6, then upgraded to 7, CS2, CS5 and CS6, this is a giant middle finger. CS6 is my last Photoshop until they rescind this or massively lower the monthly price. The price should be LOWER than the upgrade cost for existing owners over the same period, since we don't get to keep the upgrade if we cancel the subscription...not more.