Even though it will be a few more weeks until we can actually grab the latest versions (mid May), the student pricing is currently sitting at $25AUD per month for Creative Cloud which is looking like excellent value for us - a turnup for the books as it was looking much more expensive actually. Getting to a page to order at this rate isnt completely simple - but for all our design students this is a step forward over previous licensing and pricing models.
Real commercial licenses look like being $63 per month ($756/yr) or $38 intro deal for existing customers which doesnt seem too bad considering it is the full enchilada of the latest versions of all their software.
So what are we going to get, what makes this upgrade worth the change? ImagineFX listed their top 10 Photoshop reasons, and Adobe have their list as well. The things that look most interesting to me are: Photoshop's enhanced 3D tools, Premiere Pro live adjustment layers and even more content aware editing.
Even though there are lotsa alternatives, Adobe now have Adobe Story for script writing etc. Here there all too evangelistic sales pitch covers some of the newer features - actually looks pretty good despite the spin.