I can live without the iWeb publishing though I do use it sometimes for blogs about my kids.
And iDisk is another I can live without but bummer.
The real tragedy is Galleries. Their interface is much better than Flickr, Picassa, etc. and I want something totally integrated. Really a shame there. Photo Stream is NOT the same thing by any stretch.
I was happy paying $99 a year. And for me I could care less about 90%+ of the iCloud features. Downloading/Streaming music I didn't think to sync. So what. Photo stream. Really, so what. Docs in the cloud. Whatever. Of course iCloud is free, it is almost worthless compared to MobileMe.
WHY NOT offer iCloud tiered. iCloud as it is for free. iCloud with iWeb hosting and Galleries and an extra 5GB of storage for the original $99 price point or even $49. Why remove what we use. It could even be an in-app upgrade. Apple gets $70 and Apple gets $29.