Thanks for the reply.
In addition to Korg, Yellow Tools also have changed their policy with regard to protecting the software and now offers the option of elicenses (C/R) instead of their WIBU dongle. Since I never got the license manager for the WIBU dongle to work properly I can only applaude that decision.
The way I see it there are pros and cons both both methods.
One thing which worries me about dongles is that I have the equivalent of thousands of Euros on a little piece of electronica in a plastic capsule which can get lost quite easily. I understand from the comments made by a Korg representative that it can take quite some time to replace a lost/broken dongle with licenses, and when you're in the middle of a project the last thing you need is some administrative procedure paralyzing the workflow.
There also have been times that I simply forgot to take the dongle with me, leaving me the option of returning home to get the dongle or not use the software for the duration of my stay away from home.
Given a choice my preference is still for the C/R method.
But I also understand that from a developer's perspective a dongle may be more attractive since it's harder to crack.
Since I heard negative rumours about the upcoming changes with regard to the syncrosoft/steinberg dongle I thought that perhaps VSL would know more about it and perhaps as a result also reconsider the current protection method.