This has been an interesting read. Especially since I have a buddy that uses Nuendo and Waves in his pro studio. He keeps telling me how great their stuff is and that I should plunk down the money for one of their bundles. But from what I have read here it appears to me they have 1)converted to a charging model that is geared toward professional studios (I sell the same type of pricing model to enterprise companies for some of the software I sell, emphasis on enterprise where this tyoe of pricing model makes sense), 2) they seemed to have a desire to limit their market size by excluding the home studio, mobile studio, and hobbyist.
I'd rather have differnet packages from different sources. There are plenty of great plug=ins from more affordable sources, that are efficient and operate without being resource hogs, (some exceptions of course).
But still pirating isn't right and reasonably priced software is always available.