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It's interesting that you describe SaaS as more "honest"; it's like describing the loan shark in the back alley as more "honest" because he admits up front that he's charging an arm and a leg (perhaps literally) to borrow some money.

Though I use many SaaS offerings, I still prefer installable software as much as possible because once I own it, I own it forever. For example, Windows XP may reach EOL next year, but existing, activated copies aren't magically going to go away at that time.



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