Hello,
I am glad you like our software! To answer your questions:
- Not correct. There is no limitation on updating.
- The license key is long string of characters ending up in a file on the local computer together with other codes allowing you to run Netcam Studio offline. The licensing process includes the hardware that Netcam Studio is running on so a change of hardware will result in an invalid license. However, just send licens number to support and it will be reset for new activation. Here is a short tutorial that might assist you How to move Netcam Studio to another computer with a minimum of downtime
-Henrik