Well after talking with an engineer there is no other option. I got a discounted upgrade and it's on the way - but you know..
I am one of those people who ALWAYS buy licenses for my software. I don't judge people who pirate programs, it's just something I don't do. But It seems lately I keep getting jaded about situations like this.
I could have had a nice night in a hotel for the girlfriend and I, but instead I paid to upgrade a product I bought 4 months ago.
But don't get me wrong. Photoshop is a fantastic product and worth every cent.