Here's the problem with that logic... there are things, from an audio production perspective, that I can only do with Waves plug-ins. I dislike the corporate culture, and do my best to feed their coffers as little as possible, but there is still no good sub for the Rennaisance EQ and Compressor, or MondoMod or MetaFlanger...
There are other great, similar plug-ins, I make heavy use of UAD, SoundToys, PSP, Kjaerhus, and Voxengo, along with some PD stuff, but sometimes you just can't replace Waves.
Too bad too, because as a company they are awful. It took me almost two years to get a reasonably priced upgrade from V3 to V4. It wasn't until I pointed out that their EULA did not say that I had to upgrade to continue to use the software, but their authorization process prevented anyone with pre V4 software from re-installing. Eventually they caved, but in fact I had given up, they contacted me as a "former disgruntled" customer - I always felt they should have reversed the two words!