bollygud, good points. I hope we all can avoid the "everything is crackable" discussion, since I am in complete agreement with that statement. The honest customer really is the only one who pays for the product, and so it really boils down to helping that honest customer comply with licensing.
I played around with Licenturion's demo app (a wrapped Tetris) and didn't find it too interesting. To get their SDK, I think it requires signing up.. but the unlock process for their demo app was simple enough. Their site says that they'll license the first 25k copies of one single application for free.
I installed Armadillo and found it to be pretty straightforward, although their 'network concurrent licenses' mode looks like an extremely bad implementation of other vendors' "floating licenses". I have not yet installed ASProtect, but expect it to be pretty much the same as Armadillo. That's next on my list.
SVKP... thanks for the suggestion, imagin. I'll look it up as well and give it a shot.
The tools cost pretty much the same. Is there anyone on the forum who's using any of these tools today for a legit purpose (

not to say that RE is not legit!

) who had to make the choice between them? If so, which did they choose and why?
Steve