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Mike Xenon does not use the iLok (thank god that is one of the reasons I use it) The license key will make it work. Enjoy it too. I found that info on how it works to be very interesting too. It is a pretty full on read but good none the less.
 
Enjoy using it. It is a great limiter. It has some other great features too which I am sure you will get into as well.

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Well interesting I honestly did not know that the iLok was an option for authorising. I only received the license option. But as you say perhaps they have dropped it now and not updated that part of the instructions. Anyway the license thing worked a treat.

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