|Wendy and Abigail|
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Presumably, it's the old "split the market" issue:
If they provide a deluxe subscription then, almost by definition, the largest cohort of people taking up the new subscription are going to be people who currently have the regular sub. It's hard (for me, at least) to picture someone who is not now a subscriber jumping on board for a deluxe subscription.
So Paizo will lose a bunch of regular RPG subscribers. If it's significant enough to reduce the number they get printed that results in a direct hit to profitability (since number of copies is the principle driver of print-costs-per-unit). The only way they make that up is if the surge in sales of deluxe copies is significantly greater than the number they're going to sell anyhow on top of regular subs.
That makes sense, but I would still like some sort of "automatic" option so I don't have to worry about missing one and then *gasp* my entire collection is ruined. /drama
Also not having to buy the PDFs separately would also be nice.