I'm in the same boat. I've spent a lot of time getting my company's deployments set-up on Now's Docker offering (which was awesome). I'm not looking for my app to be serverless. And I'm also not looking for a "Majestic Monorepo".
NOTE: v1 is fully maintained and supported. We will only announce a deprecation date once we have ensured all our customers workloads are migrated and the tooling is in place for a smooth transition.[0]
Based on that, it seems to me like I will have to migrate to Now 2.0 eventually.