Wow, I've posted on many different forums over the years and I think I haven't gotten this much feedback or debate over a topic in a long time. 
That is fantastic, I didn't realize that. My issue was not with the price but rather the lifetime of the license.
I understand what you mean there and I agree somewhat, however I am left with a piece of software that can no longer be used. Downloaded, paid for but no longer usable unless another $85 or $160 is paid.
No, I paid the $85, not really the cost I am concerned about. But if by cost you mean am I having doubts about whether or not it is worth it to shell out more $ for software that I am already in possesion of after having purchased the original license..... Yes.
*note- and in case anyone is wondering.... no I am not still running the software*

Having said that, Jelsoft has maintined the exact same prices since they started in 2000. Given inflation, a vB license is actually cheaper now that it was 6 years ago. There aren't many commercial competitors that can make the same claim.
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You've had a year's usage. That's not "nothing" in the true respect.
By reading your post, it is clear that your problem is not with leased licenses in itself, but in actual fact, the cost.
*note- and in case anyone is wondering.... no I am not still running the software*
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