Hello, I have exactly the same question - I have a previous standalone version of Fences that I'm using on my laptops and desktop. I was just about to upgrade to Fences 4, but the FAQ is not clear on that. Will it be an upgrade or actually a downgrade? I could understand if Fences 4 base is limited to 1 license, but that would mean that I will have to keep 4 out of 5 previous licenses after the upgrade! Losing access to all of them is unacceptable. Please respond.
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