I actually like CC
I'm a guy who needs to use a fair amount of the big Adobe tools like PS, Premiere, After Effects, Audition, and Illustrator. Before CC, I had debated buying either the package or the individual components I needed, but had always balked at the $3,000+ purchase price and then the extra money to stay current (assuming I wanted to stay current).
For my $49 per month, I get everything I need. The crossover point between me being ahead of the game financially is 61 months (3,000/49), meaning that I'm ahead of the game for five years. For me, this is a better deal than having to put out three grand to get what I need.
My analysis would be different if I had already owned any of these admittedly expensive tools. But in my case, Adobe's CC brought them a new customer that they probably wouldn't have had before.