This is an important point. I think 1Password folks need to hear that for a lot of customers, it will never be the case. There are many of us that consider managing the storage of our vaults as a fundamental safety feature of a password manager and will never cede control over that function to the company behind our password manager. Moreover, subscription pricing is a no-go for many of us. The possibility that a company will cease operations and the software will cease to function makes this kind of pricing a non-starter for something as crucial as password management. I'm perfectly happy to continue paying for major releases and will always upgrade provided the added features are compelling. But every version I purchase should work in perpetuity and should come with bug fixes, especially if vulnerabilities in the product are found. I don't think I'm being unreasonable.
I love 1Password, but I hate their move towards being a service. There are alternatives that, while possibly not as good/polished, will allow me to continue to manage the password storage the way that I currently do and will continue to work, as is, for as long as I choose to use the software. Using them is a compromise I can make. Having a subscription password manager is not a compromise I can make.