In the VSL T&C it just says a 'handling fee' will be charged for replacing the licenses, without saying that it could be €2,000 for a customer with the whole collection.
This sounds to me like it's in breach of the "Unfair Terms in Consumer Contracts Regulations 1999"
I'm going to make a complaint to Consumer Direct (UK consumer protection agency), see if they can do anything about this. (EDIT: I see I have to make a formal complaint to VSL first, ok).
Does anyone agree with me here that VSLs customer-punishment policy is scandalous?