Long story short.
Years ago, When iLok was the New wave of the future, I got burned from the beginning, Several broken promises, A lot of wasted time, and lost some Real money over it. I will not give it or anything like it another chance, and, I would not trust any software vendor that feels the need/greed to require it.
I currently have more Fx and Virtual Instruments than I will ever have time to learn or use and none of them require iLok. I'm Happy!