For me being a long time Wave lab user, the dongle is an asset. I can install Wave lab ( or Cubase) on any computer and there's no issues. Just plug the dongle in and install the software,, no serial numbers or registering required.
It's not as invasive as Sonars on line system once you've set up the dongle. Your computer never needs to be on line again.
I also use Cubase 5 LE for one thing only. It will load up downloaded midi files and show the pesky PG changes in the event type list so you can clean them out. Sonar often hides PG info.