Dr,
>I want an answer. We paid good money for these typefaces.
Please realize that you're not talking to Adobe here. Your audience is almost entirely Adobe product users, like yourself.
Font software, like any other software, are subject to updates, revisions, newer implementations, and...obsolescence. And like any other software, there is no expectation that what you have today will work with tomorrow's OS, or application and hardware advancements. We are still going to buy later versions of our software and hardware. And we're still "loyal customers", embracing the new, so we can continue work better, faster, and seamlessly with our colleagues, clients and vendors.
Font software has always been a bit of an oddity -- some folks even forgetting that these are software applications. We've all been spoiled in that font software just seems to go on and on, unscathed, like the Energizer Bunny. I still use fonts that are nearly fifteen years old; fonts that were developed without any knowledge or considerations for current computer technology or today's fonts integration and implementaton. It's pretty amazing that they still work! That said...
Multiple master Type 1 fonts, and to a lesser extent, Adobe's single master Type 1 fonts, are moribund technologies. Versatile, extended characterset, cross-platform OpenType is the direction that Adobe is following now.
I don't know if current apps support the creation of new, custom master font instances. AFAIK, if properly installed, the MM instances you currently have should function as they have before.
Neil