I could not agree more!! I just found out that Encore was not included in an UPDATED version in the cloud....an unbelievable decision. I did not read anything about this before this week.
I love this statement about Encore (the page does seem to be available and then unavailable randomly:
After saying encore won't be updated it says: "Adobe Media Encoder and Adobe Premiere Pro CC include a new
feature allowing users to create iPad-ready video with QuickTime chapter markers. The Encore CS6
version will be the final release of this product."
I am so glad that Quicktime and the ipad was focused on...So I am sure all this hi-def video and 5.1 surround sound audio meticulously edited and created in the cloud software is really going to be shown off well on an ipad. Geez, perhaps just go back to a camera mike, mono audio and 780P (or less) video.
Very disappointing. There are more than a few people out there that still use Blu-Rays. I think the last movie I bought was in that format if I recall correctly. 
What others said is true....Encore is not the greatest program, but it works and (was) integrated. I had high hopes it was going to be upgraded and brought to current standards with the cloud.
BJBBJB1