A lot of long term 1Password users bought this and still use it, but the company no longer really do much to support it having pivoted to completely focus on their subscription offering. Many of their long time customers, many of which are HN users, feel they're getting shafted by the lack of updates etc to those older offerings. From what I understand a lot of the older clients and plugins that worked with the local versions don't get updated anymore. However, I'm only a customer of their subscription offering so someone else might be able to elaborate more.
As someone who moved from LastPass to 1Password (after they aged off the lifetime license) though I'm happy and given their growth I'd imagine most of their customers are happy enough with it.