Glad to see they have rolled this subscription-only plan back. I do use some Waves plugins, on more than one machine, so the second license that comes with the WUP was required for me, and the only reason I paid for WUP.
There's many Waves plugins that are frankly "meh" but a few I depend on, none of which were in the cheap subscription model, meaning I would need 2 of the expensive subscriptions for the same coverage. I will now ensure alternatives for these few are in place, in case.
However I will now try and stick to my many times restated "no more Waves!" policy... which I broke every time there was a $10 offer!
As for Waves, talk about shooting yourself in the foot!