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Random thought: Windows is largely successful because of Piracy
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I'm not sure I buy that 12 is going to be subscription based. I think that would be the straw that broke the camels back. I think we are peak subscription at this point, it's getting hard to justify this ever growing faucet of money outflows to these friggin subscriptions. Cell phones are quickly becoming PC replacements too. Maybe not in our lives, but for a lot of the common folks that just want to browse and email, absolutely they are. This is why you are seeing Apple's OS and Android increasingly becoming more PC-like. The next battlefield, I think, is going to be Android vs Windows. Android is currently free, which isn't going to bode well for a 12 subscription model.