I have used Premiere for the best part of 20 years and will continue to do so but not the CC version given its extortionate rental costs.
I do not mind paying a realistic subscription but lets get real with the cost and have it cheaper and the same throughout the world and also that it remains workable when I cease my subscription.
In my own experience which goes back to the original Premiere 4.1 it is a fact that Adobe have a consistent track record of issuing releases with bugs, even more so for major upgrades have you guys forgotten that: -
Premiere 6.5 was the first version that offered real time playback of SD without the need for a third party card
Premiere Pro 1 had bugs galore
Premiere Pro 1.5 solved most of the problems
Premiere Pro 2 had many bugs
Premiere CS 3, worked great for me
Premiere CS 4 had bugs galore
Premiere CS 5 could not handle AVCHD correctly so I bought and used Edius 6 now that is a serious competitor
Premiere CS 5.5 handles my AVCHD files great
Premiere CS 6 has far to many issues being posted for me to ever consider upgrading to it
That is my take on Premiere for the last few years and why I miss versions which are just not up to scratch, I also do not install updates until I know that they have been tested by others, the maxim..............if it is not broke, do not fix it.
So if automatic updates have bugs and screw up your system what are you going to do then?
You will still be in control of applying updates with CC.
"You are not required to install any new version of the desktop applications available in Creative Cloud. You can continue using your current version of the product as long as you have an active membership. You have flexibility on when you install a new release to take advantage of new product features, if you choose to do so."