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New major version upgrades require a re-activation. Provided this is from the same machine and you have a valid support and upgrades contract this will not use up a new activation so please feel free to go ahead.
I'll pass this feedback to our technical author as it would seem sensible to document this somewhere!
Kind regards,
David Atkinson
Product Manager
Red Gate Software
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In the past your sales staff berated me for having too many activations on one key so I'm trying to be extra-careful with this.
I know it seems like a stupid question but I can't find the answer in the FAQs.