Robert... you'll love the new ilok system... it is very nice. I was very frustrated by the old software; it confused my dinky brain... but the new stuff is great... moving the ilok around is totally trouble free. I have had well over 60 iLok licences running trouble free at times. Currently running 47 licences... Never had a problem beyond understanding the old software in well over a decade.
Hopefully you ordered a short (couple inches) usb extension cable... so it hangs free and not subject to breakage... That was the only worry I ever had with the hardware, with a dog, cat and me bumbling around the studio at times...