Sycraft
Earwax
My only concern is with the payment plan portion of Cakewalk's model. I think, without a doubt, it is absolutely the worst way to purchase Sonar. Financially, it makes no sense to me that anyone would do it. But, there you go!
It is if you set out to purchase it. If you say "I am going to pay for 12 months and buy this product," from day one then it is a waste of money.
I agree with you completely.
Sycraft
Earwax
However it is a good model if you aren't sure. That is really what you get. You can rent it if you aren't sure how much you'll like it or how long you'll use it, but then if you end up renting it long enough, you get to keep it. So you don't feel like it was just money down the drain.
This is what the soon-to-be-released free Demo is for. Though, according to Noel Borthwick in another thread, the Demo most likely won’t include third party content, you will still be able to get a feel for the program’s core operation. If you are an upgrading user, you already have a fully functioning version of Sonar that you can use to get “real” work done. So, I see little need for a current user to pay anything to test out the new version. If you absolutely have to test out EVERY piece of content in the bundle, one month (paid) should be the maximum necessary.
If you are a new user, the model makes even less sense. The cost goes from $15 - $20 a month to $40 - $50 a month. That’s a lot of money to test out software. Again, that’s what the free Demo is for. But, if you have the uncontrollable urge to test EVERY piece of content in the bundle, one paid month should more than cover it.
But, then again, I would guess that most of the third party content providers have their own free Demo versions of their software that a potential user can try. Why pay?
Sycraft
Earwax
It is also ok for people who are bad at managing money. Some people don't do savings well. Like my home insurance is due one a year. The full amount it technically due at the beginning (as it is a yearly contract). However, they'll let me pay monthly... as long as I also pay a $3 "convenience fee" per payment. Clearly that is financially suboptimal, however clearly some people like it because they keep offering it. People can't plan ahead and save up, so they'd rather pay more. Not a good idea, but there you go.
Totally disagree with your first sentence. Completely agree with your last sentence. It has been demonstrated repeatedly that the people most likely to get into trouble with ANY kind of installment plan are those who are bad at managing money. If someone is that bad at managing his/her money, maybe a much less costly (or free) software alternative should be considered.
Sycraft
Earwax
You'd end up about the same if you paid it up front on a credit card that you then didn't pay down or rented it from CW, 20%ish.
If you pay for Sonar with a credit card, a loan from your credit union, a loan from your 401(k), a loan from your grandmother, etc., you will never lose full use of your software. None of those institutions will take away your software if you miss payments. Well, your grandmother might…

. Seriously, with institutional financing of your software, it can’t be deactivated, even if you miss the first three payments, for whatever reason (legitimate or otherwise). I’m sure this would not be the case with Cakewalk/Gibson. You will obviously get flak from the institution, but things can be worked out with them. In the interim, your software is safe.
Even if your financing rate is 25% per annum, you end up paying very little more than you would pay with Cake’s plan.
I would say over 90% of people pay for items over time because they can’t afford to, or simply don’t want to, pay the full price up front. I see the number of people who truly want to “rent” Sonar to be so small as to be inconsequential. Renting Sonar is not quite the same as renting, say, a backhoe.
I just can’t see how Cakewalk’s installment plan is good for the user. If you want to “try it out”, get the software Demos for free. If you can’t afford the upfront price, finance it. If your credit (or family good will) is so bad that you can’t get a loan, and you have no other access to funds…..well…you have much bigger problems than trying to figure out how to buy Sonar.