Announced at Photoshop World in Las Vegas today, Adobe will soon be offering customers who are licensed for Photoshop (Standard or Extended) CS3 or later an upgrade to the Creative Cloud version of Photoshop AND Lightroom 5 for less than £10 per month.

Based on past refresh cycles, Adobe tend to release new software every 18-24 months so that’s effectively (less than) £240 per version of both bits of software. A quick google shows that Photoshop CS6 is currently available for £499, and Lightroom at £97 so that’s a considerable overall saving, not forgetting the cashflow advantage of small regular payments for hobbyists and small businesses rather than a lump sum payment up front.

I understand that the offer will be place within a couple of weeks and will be available until the end of 2013. Anyone subscribing before then will, as I understand it, pay the offer price until such time that they wish to unsubscribe.