I've looked around for the answer but can't seem to either find it or wrap my head around it. I currently have a perpetual copy of LR5 but was looking to buy the photography CC subscription for the new LR6 and start using PS. What I'm worried about is what happens if I decide to cancel that subscription? I know that Adobe says your files will still be accessible to view but not edit and that's fine but is it backward compatible in that I can take the files with the edits done in LR6 and continue to work on them in my LR5?
For example...I import images into LR6 as DNG's, do some edits, backup the catalog and then quit the subscription model. What happens to those images? Can I point LR5 to that catalog and continue editing them?
Also, when installing LR6 CC will it automatically import all of my LR5 catalog as well? I've seen some posts on here where some say it asks to do that and some where it seems like it just automatically does it. If that's the case, what happens to all of my LR5 work? Will additional edits done on it in LR6, or just the fact that it was "converted" to LR6, make it non-compatible for extra editing in LR5 if I cancel?
I'm sure this isn't as confusing as I'm making it or maybe its not that big of a deal but I just don't get it. I thought I was a at least a bit tech savvy but some of this I can't just wrap my head around and there doesn't seem to be a clear answer out there. I'd hate to lose all my work (or the ability to continue working on it) just because I cancelled a subscription. Thanks.

