Adobe plans to alter its development cycle for Creative Suite, offering “milestone” upgrades every 24 months and (presumably yearly) mid-cycle releases like CS 5.5 providing relatively smaller advances of the feature set.

More interesting though is that Adobe has also introduced subscription-based pricing for its Creative Suite, with monthly pricing schemes including Photoshop for US$35 per month, Adobe Design Premium CS 5.5 for $95 per month, and Adobe Creative Suite 5.5 Master Collection for $129 per month. Naturally, you can also pay for the suite all in one go, but it’ll cost you anywhere from $1299 up to $2599 for the Master Collection.

Adobe After Effects 5.5 is also looking very cool, with a new Warp Stabilizer, which as the name might suggest, will smooth over your shaky or bumpy camera movement or lock a steady shot automatically. Adobe showed off the impressive technology behind the Warp Stabilizer in a recent sneak peek, and as long as you can deal with frame cropping, it’ll make almost any dodgy handheld camera work look like it was shot on a dolly.

After Effects CS5.5, along with the rest of the CS5.5 suite, is available for pre-order right now. Trial and purchase options will be available soon, including a US$49 per month subscription that nets you the $999 app for less than $600 a year. If you’re still not convinced by that and want more information, head on over to the After Effects CS5.5 site for the details.