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I would absolutely subscribe...provided that it still had cross-browser (Safari/Mac and Firefox/Mac, at a minimum--Chrome/Mac, OmniWeb, and Camino would be nice) support, and it still supported tagging. Tag suggestion is pretty awesome, too, but not a deal-breaker. And I'd still love to see tagging come to Safari--but, again, not a requirement.
Ultimately, I'd prefer a one-time fee to a subscription service, but if server space is the major cost, I understand why subscription makes the most sense.nat, 8 years ago.