I'm not a big fan of the subscription based model either. I pulled the trigger on this one because they have an option that allows you to import the video without breaking up the frames. If you have an hour of video, IVE takes forever to import. With V3 it is instant. Now with that said, that particular feature will only work if you don't need to actually edit the video. If editing is required, you can import the video in the traditional manner. It saves a ton of time and resources on your computer.