A year's subscription is less than what I bill per day and I have access to every app that they produce. I can run it on my laptop, my other laptop, as well as my desktop machine that just gathers dust these days.
As someone who has used Photoshop since Version 3.0, I can say, with some authority I guess, that the current version is really, really good. Except for the crop tool. The crop tool sucks. It sucks so bad I had to write a replacement stand alone app. All they need to do to fix it is put the image resizing step back in, instead of having to do that separately.
Their other apps are also improving in quality from a low point of a few years ago. Premiere is solid, After Effects is way faster than the previous version, Prelude and SpeedGrade are a little inaccessible but once you learn the non-standard UIs are useful tools. Illustrator is still a bit of a drag though. I don't touch InDesign unless I'm designing a photo book for Blurb.
And then there is the whole extensibility of the suite that most people don't get too involved in, but I do. We started out writing some pretty heavy javascript extendscript stuff to do asset prep but have since moved on to Flex + Adobe Creative Suite Extension SDK. Was kind of gnarly to get going, but once going has allowed us to extend Photoshop into a full blown authoring tool for the kind of retail iPad apps we build for clients. What once took us about 2-3 weeks to build, now takes about a day thanks to that.
So, +1 Adobe.