Podcasts subscription linked to iTunes ID and not iCloud ID?

I have resisted using the Podcasts app since it came it. It seemed buggy and having iTunes on my Mac manage podcasts worked just fine for me. I'd plug my iPhone in every morning to sync. It synced great. It also worked great for my wife and her iPhone and Mac. More importantly, it keep our subscriptions separate.

Now, with iTunes 11.1 and iOS 7 Apple is forcing us to use the Podcasts app. However, it appears Podcasts syncs via your iTunes account and not the account associated with iCloud. We have separate iCloud accounts so iMessage, documents, etc. are kept separate. But we share an iTunes account so we can share music, apps, etc.

So it now appears my only options are to manage Podcasts solely on my iPhone and not sync with iTunes or use a different app for podcasts. Am I missing something?