Ah a peaceful resolution. The pain, the joy, the pain, the joy.
So here's what happened - I WASTED £7 sending my broken USB Key to VSL this morning, because just now Steinberg sent me, free of charge, as a matter of policy, all the lost licenses, INCLUDING the lost VSL licenses.
The moral of this story? Make sure you put a Steinberg product on every USB key you have, then you get free activation codes, DON'T send it back to those money-grubbing fiends in Vienna. ESPECIALLY if you have a lot of VSL products - their cheating policy could cost you over a thousand £, $ or €.
Actually, maybe Steinberg did this because the broken key was theirs, not a Vienna Key. In which case, the moral is that you need to transfer your VSL library onto a Steinberg USB eLicenser instead of the Vienna Key. So, without knowing, it's hard to know exactly *what* the moral is, except Steinberg = hooray, VSL = boo, hiss!
:)