Mike,
When you get a demo license it remains on the iLok...even after the demo has expired.
You can't delete it. The reason is that, if you could, you could just get another demo
license and continue using the product for free.
I've been using an iLok since PT 8. When I ditched and sold with PT9, I sold it with
the iLok. I then purchased an iLok 2.
Main differences between iLok 1 and iLok 2 are the design and the capacity.
iLok 2 holds 5 times the licenses that iLok 1 would hold.
Be advised that, in order to download your licenses to the iLok
it's best to use IE 32 bit, which can be found in the c:\programs(x86) folder.
the Pace web site doesn't recognize 64 bit browsers, and has a hard time with
3rd party 32 bit browsers.
I also have the Steinberg eLicenser for Cubase. I really don't mind the Dongle Model,
as I understand there are a LOT of people STEALING the software.
Cheers!