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Hero Lab Classic is a thing of beauty, and you can keep it forever, regardless of whether the company continues in its current form or not.
Herolab Online is slow, clunky, has a recurring charge, requires a constant internet connection to use, and there is no guarantee of service continuance or speed from their servers as the number of users progresses. I am sure this was conceived as a great move to the cloud, etc, but all I see are many many detracting elements and no improvements over Herolab Classic. Even though I understand the reason for the slow rollout of Realmworks, that whole experience did not fill me with confidence regarding large IT projects from Lone Wolf. Moving more functionality and responsibilty to their side to maintain does not fill me with confidence.
YMMV and hopefully time proves my current feelings regarding this app wrong, but right now I am going to let my current account lapse with no plans to renew in the near future.
On the bright side, my table will soon have lots of paper character sheets and no tablets and PCs for players to surf Facebook, IG, or play Civ 6 on during the game LOL...
Don't forget that Herolab Classic will go into demo mode if certain things change on your computer or certain other things happen. All you have to do is reactivate your license but you will not be able to do that if the company goes under. No server to connect to and check your license.