Sorry, I guess I should have been clearer.
Creative Cloud is a new initiative from Adobe (see http://www.adobe.com/products/creativecloud/faq.html and I have some articles at http://www.dwcourse.com/?cat=115 ).
A Creative Cloud subscription ($50/month) will give users access to the Creative Suite programs and more but the programs will reside on your local computer as before.
Adobe will still continue to offer its programs and Suites with the existing perpetual license (basically you own rather than "rent" the version of the program you buy) at least for now although they have publicly stated that they want to move all users to the subscription model at some (undefined) point in the future.
One thing Adobe has announced is that only owners of CS5 or CS5.5 will be offered upgrade pricing when purchasing CS6 products. In other words if you own CS4 or earlier you will need to upgrade to CS5.5 first in order to qualify for a discount on CS6. Previously Adobe offered upgrade discounts for the previous 3 versions of its programs. This has met with a lot of resistance and Adobe has promised additional information.
