You can also switch it to a portable install if you need to stick it on another machine for a specific job.
All in all I reckon it's the best compromise between a subscription model and a one-off purchase.
They are pretty generous terms given the preponderance of annual subscription models these days.
Mantra: No more pedals, must finish BlueyCaster...
Disclaimer: I haven't done woodwork since high school, and wasn't really paying attention at the time ...