I got the new year's day promotional package of waves from a producer in early 2008 (or so), so it doesn't need a dongle. I do believe waves is still doing that with the iLok system. I would never get that either.

I had the waves stuff for a few years before I even fired it up. A lot of waves plugins has changed, but that old stuff still works.

Now at bandcamp: Crows Say Vee-Eh @ bandcamp or soundcloud: Kevin @ soundcloud