I am looking to buy this software used from a local guy and he indicates that the software can be installed up to three times without having to purchase any additional licenses. I get confused on the licensing issue because I see two ways of interpreting it.
1) Up to 3 licenses meaning, once you have installed the software three times that's it. You cannot install it a fourth time.
2) Up to 3 licenses meaning, you can install the software on up to 3 PC's, but not a fourth.
I'm not sure which definition to apply here.
Lets say I purchase this software and install it on 3 PC's in my home. One year from now I decide to reformat the HD on my PC, which means I need to reinstall all my software. Will I not be able to install Microsoft Office 2003 because I've already installed it 3 times?
Also, what it the difference between the 'Student and Teacher' version and the regular/full blown retail version? Are they exactly the same, or does the Student and Teacher version limit certain aspects of the product and therefore, my ability to use every aspect fully, i.e., Word, Excel, Outlook, Powerpoint, etc.
Please let me know what you think.