Interesting point. I have never quite considered Adobe products as anything other than professional tools, not hobbyist tools. Perhaps because I have always been "in the business". I don't equate their latest moves as throwing hobbyists under the train so much as progressing the pro tools to meet current pro demands (across the board, not just for photographers).
I suppose for those (likely working pros) who get through gear and upgrade both hardware and software frequently (somewhat out of necessity) the subscription model makes sense.
I'm in the same position as Wilt; having skipped LR5 and gone from 4 to 6. I'm a regular, but not daily user of LR, and now a very infrequent user of PS (CS6). I do accept therefore that I'm not the sort of customer that keeps Adobe afloat.
However, my issue with the subscription model is choice: with only subscription models available you don't have any guarantees of being able to use the software tomorrow - you're entirely at Adobe's whim of pricing and policy. With a perpetual license you may be stuck with an old version, but you can at least run what you have (more or less indefinitely).
Given that PS is subscription only, and LR has now moved that way (despite earlier assurances otherwise), what's to say that LR Classic won't be dropped in the future? For me that sadly means it is time to look for alternative products.

