their 8 bits per channel does not work for me. Hopefully, that will change because if they had the capacity to work in 24, I'd be all over it.

Once you create something in CC you cannot open that file on older versions of Adobe software which means you will ALWAYS have to subscribe in order to work on said files. This translates to hundreds of thousands of dollars over a career for software you never own. I owned CS and used it for 10 years until hardware issues forced me to upgrade. I saved my money, paid for CS6 and hoped to ride that pony until I longer could. I still can open all of my old files without any problems. I also run across printing firms who need me to back save to an earlier version because it is expensive to upgrade. So, this move will kill small business and young artists/photographers trying to keep costs down. It's the worst kind of business practice and Adobe is forever tarnished for me.