That's a surprisingly reasonable price for the bundle
...for somebody who actually needs Final Cut,
and Logic
and Pixelmator Pro
and iWork.
I'm sure some "renaissance people" who write the script, edit movies, write the score, create the poster and do the accounts will need all of those - but many people are only going to need one or two.
As long as the standalone/one-off versions are only missing AI features, online services and actively curated content libraries then that shouldn't be a problem... Except that now the incentive for Apple is to double-down on AI and online features to drive people to subscriptions rather than improving the core functionality of the apps - so the worry is that is a step towards enshirtification.
So - if you just want Logic Pro on Mac - you can currently pay $200 one-off and (at least until now) have got free updates forever, and even if they dry up you can continue to use it until its borked by a MacOS upgrade that you
have to install (which could easily give you 5+ years). Or, you can pay the same $200 spread over 16 months after which you have
nothing unless you go on paying.
Trouble is, we seem to have gone from one extreme to the other - $200 for Logic Pro (with no track restrictions and a huge bundle of samples and virtual instruments) is an absolute steal compared to the full versions of Ableton, Pro Tools, Bitwig etc. I got the
whole Pro Apps bundle for $200 (I.e. same price as just one app, so why not?) on an Education deal back in 2017 and have received 10 years of free upgrades witout paying a penny. That's nice, but really not sustainable (OK, Apple could treat it as a loss-leader to promote Mac sales - but only if the numbers add up). I'd rather see the old-fangled idea of charging maybe 25% for upgrades than a shift to subscriptions.