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It seems that Adobe is being very fair on activation.
Since I do use software until I see a real need to upgrade, I often will continue using software until it is very old. If it still works and does what I want it to, I'm very happy with it.
Although as of late using Photoshop 5 in classic no longer appeally, so I decide it was time to upgrade and I was a bit worried with this new product activation in the Mac version of the adobe suit. Since I feared that if I bought it now, that Adobe may disallow product activation once the product has hit a certain age and I could be still wanting to use it on newer hardware. Well it appears my fears have been put aside by:
http://www.adobe.com/activation/faq.html
"Adobe is fully committed to honoring the terms of its product license agreements. In the event that a product is discontinued, Adobe will enable automatic approval of all activation requests for that product or provide a means to remove activation outright. In either case, the customer will not experience any change in software capabilities."
and "Adobe's product license agreements typically grant the user of an Adobe product the right to use it in perpetuity. Adobe plans to honor these agreements. In the unlikely event of the company's shutting down, we will enable automatic approval of all activation requests or provide other technical means allowing users to continue using our products."