Adobe is run by complete morons. Forcing users to rent the software that runs files they've already created is dumber than anything Tim Cook has ever done, and that's saying a lot. Anyone who's smart will just pirate CC anyway, or keep using CS6.
I switched to the cloud with CS6. Being that I already had the Master Collection CS5, they gave me CS6 CC for $20/mo for a year. Compare that to the annual upgrade price of say $600/year or more and that $20/mo was a steal. Now the cloud is $50/mo and it's the same price that the annual upgrade would be. Roughly. They had specials, so sometimes it was closer to $400 or $500 if you timed it right.
So even for someone that owned the Master Collection and wanted to upgrade every year (if you upgraded every other year it was more like $900) it still is a break even, IF that. PLUS you don't own your software. And for those that just need a small portion of the Adobe suite. Say PS and Premiere. Or PS and DW, it's a complete rip-off.
They've basically crunched some numbers and said only the pros are seriously paying for this stuff. And they NEED it. We don't have much choice. But we could get away with upgrading every year or two. But no longer. They did the math and now all these pros are paying the rate of those that bought the whole collection and updated every year. So likely, many are practically forced to pay 4x as much as they would, and they still don't own the software, so they're stuck paying in perpetuity.
Find a way out. I'm looking.