Won't touch the stuff. Won't touch anything with such repressive copy protection. If they'd ditch all the protection crap and sell the full suite for $300, I'd buy it. At their current prices and with the whole iLok thing, I'll continue to use other tools.
Frankly, I think that companies that treat their customers like criminals get what they deserve when their customers pirate the stuff. Dongles have no valid purpose in the field of computing.
By requiring a dongle, you guarantee that I can't easily deal with it on a laptop in a portable environment, and you make my entire ability to use your software dependent on an otherwise worthless piece of USB hardware, an otherwise unnecessary USB port, and an otherwise unnecessary kernel extension, none of which serve any actual useful purpose in the operation of the software.
Forgot to bring that essentially worthless piece of plastic? Got it wet? Fell out of your laptop bag going through security? Stolen because somebody thought it was a thumb drive? Sorry, no recording session for you. Screw that. Life's too short to put up with such bullshit.
The only way I would even consider purchasing an application that required a dongle would be if there were a crack available.