My thoughts are as follows:
Well done Adobe, after destroying Macromedia and therefore flash (what a bugfest after you've bought it) now the next genius move just wow. I am sure, people are thrilled having to logon to a server in order to get their work done AND pay you a monthly fee for it, what a joke your company has become. The SaaS (software as a service) concept is nothing more than a big fat lie and a money grab, hopefully this idea will be gone soon.
I hate the cloud, hopefully in a few years this crap will be gone, not willing to logon into a company-servers just to get things done. Microsoft is trying the same with Office 365 and it flopped hard.
And of course they are killing Fireworks the best GIF Animation tool but whatever, f*** you Adobe.