Give me your money!
Not quite sure about Adobe's "cloud" branding. The software is exactly the same as before. It installs on your computer, the licence is locked to that computer unless you deauthorise it. The "cloud" appears to be just the way Adobe have worked out to ensure they extract money from users every month instead of those pesky people who refuse to upgrade their software every year,
Make no mistake, this is just a scheme to squeeze money out of the end users. They may as well brand it "Adobe remote wallet opening device".