1Password's decision to sunset local credential storage for a 3rd-party cloud model alienates its most vocal allies — security professionals
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There are no plans to remove local vaults. We do believe http://1Password.com accounts offer the best experience for users :)
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Nervous about this ambiguous response, local vaults and excellent browser plugins are why I use 1P. I'll be looking for a replacement now

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We have no plans to remove support for current local vaults. We are advocating memberships since we feel it's the best way to use 1Password.
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What? Does this mean no more creating local vaults?
End of conversation
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