Seriously the "Torrent" comment was meant to be taken as a totally NON serious comic comment. !!! However the HUP (Home use Program) is a very worthwhile alternative to subscription services if you qualify, otherwise Home and Student editions (2007/2010)are still a LOT cheaper than the PRO Office 365 subscription version -- especially if say you only want Powerpoint, Excel and Word. Ms Access IMO isn't worth paying extra for the "PRO" version and there are literally 100's of excellent FREE email clients if you don't HAVE to have Outlook.
Office 2003 STILL works fine (12 years after introduction -- that's 12 * 100 = 1200 saved in Fees) - Office 2003 std edition was about 50 USD if I remember.
Office 2007 / 2010 will still work well into the indefinite future -- how many people actually USE the new features (such as they are) in typical office environments. For HOME users these "features" are probably even more irrelevant .
For businesses the subscription idea makes Sense as it handles easily the hassles of Licences - especially those wretched "By Seat" things which always seem to run out when you get a few temporary workers on site and guarantees up to date and consistent software across an enterprise.
For Home users it's a slippery slope -- you know - like those Banks that advertise what are in the industry known as "Sucker Deals" - new customers are offered almost Loss Leader type of deals and once they are "suckered in" the prices rise astronomically and the poor customers have to stay as quitting the deal costs them a lot too.