The Speedfusion, Bonding, WAN smoothing will keep working, because both devices are not primecare.
SFC - SFC - Peplink
It is a cloud service and need to be renew when the quota ends.
What is SpeedFusion Connect (previously known as SpeedFusion Cloud)?
SpeedFusion Connect is Peplink’s infrastructure that provides access to a global network of SpeedFusion endpoints and technology without requiring additional hardware.
So… you are correct about loose the IC2, hardware warranty and technical support.