Looks like Michael answered just about everything. The only thing I might add is that the test versions act the same as the regular versions regarding Key Codes, which is:
If a valid Key Code is found in the Registry, it will recognize it. (They are scrambled in the Registry, by the way.)
If there is no Key Code, the program will launch in Demo Mode, which disables a few features and allows you to enter a Key Code in the Register box of Settings.
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