Hi Stefan,
This has been my BIGGEST fear since I started buying VSL licenses last year. I've already bought quite a bit and at one time I thought I had lost my key, my heart nearly melted! There have got to be other ways to secure your (and our) investment. With my primary business being in the hi-tech software security space I know that security and usability always exist in a delicate balance.
The more security one desires in a given application the less easy to use it often becomes and the greater usability (ease of use) one requires, usually the less secure the application becomes. I understand why the security is necessary - trust me, we all want VSL to stay in business for many years to come!!! However, it is really hard on the end user. There are encryption companies out there such as Voltage Security and others that have "unbreakable" encryption algorithms that could be used in creative ways to protect the company's investment.
The problem is that they do not have license management systems like Steinberg and iLok. However, even with Steinberg, I'm sure there is a way to come up with a solution that can have the assets secured to a satisfactory level. In my local music store I was talking with an iLok user who stated that iLok provides a service where the licenses are backed up in the cloud. Here's an idea that is a win-win for everyone.
Have Steinburg provide a license backup service. They instantly get a steady new revenue stream from those users (such as myself) that would take advantage of such a valuable service, the users get peace of mind and VSL achieves the three-fold objective of protecting their R&D, protecting their users and ridding themselves of the headache of dealing with license issues. Maybe there is a flat-fee of $50/$75/$100 year (fair) for the serviceor maybe the cost is tiered according to how many licenses you are backing up (greedy in my opinion). Regardless of the approach it would be better than nothing or having to buy the licenses again for 50% of their value. In the event one misplaces or loses their license key, the old licenses can be deactivated (in order to do this one could hard-code a "phone-home" period on the key with the server every 30 days as an example) and new activation codes could be generated based on what was backed up in the cloud.
Where there is a will there is a way and I hope that VSL will work with Steinberg to provide this service to their users in the very near future. For the time being, those of us that will only settle for the best are locked into the difficult position of guarding the keys with our lives for fear of losing our investment. At the moment, I am also looking into studio insurance as an additional way to protect my studio software and hardware.
Best regards,
Craig