I'm mostly okay with the occasional releases. Once a year feels a little infrequent though? One of the IDEs I use has a quarterly bugfix release schedule.

To be honest, I'm less concerned about new features, and more that there will be paid upgrades so the developers keep maintaining the software. I'd probably expect a new major version every 2 or 3 years, with a discounted upgrade price... that would still only work out to $10-$20/year for Sublime Text, which is crazy cheap. I already budget about $100/year just for annual Parallels Desktop upgrades.