Just to re-confirm...
In other words, I still have to join "the 1st year" as premium subscriber in order to download V6. Then, I can use ALL the features for a year.
As soon as I stop my subscription, I "will not" be able to use all the premium contents (ie. styles, music, stickers, etc...) but can continue to use the software with all the "basic" features. Perhaps, I will not be able to burn my photoshow to DVD either because burning to DVD is a premium feature.