Granted, the WUP for a bunch of those product has been expired for a year or so, and according to Waves, you need to upgrade within a month for the $240 cap to be effective.
Nevertheless, this only goes to show that being supposedly able to renew at anytime means that you'll have to give Waves some big money. For all matter, you are severely penalized if you don't send them 240 big ones every year. Ridiculous.
I hadn't realized that. They can forget me.