Yes…On my XP laptop and on my W7 desktop I have used ilok plugged into an unpowered hub alongside my Sb dongle. No compatibility problems.
Be forewarned if you do run iLok protected software and can’t wait 2 weeks for replacement licences if it goes down then you really need to pay for ZDT @ $30 a year (or risk having to pay around $170 to get temporary replacement licences without waiting)
Only problem I have, is my iLok dongle is HUGE! And UGLY as all sin. Shaped like a “key”
My huge key shaped iLok is still working more than 5 years on…my smaller Ilok2 failed after less than 18 months thus costing me the aforementioned $170 to be able to keep working. Have seen a few similar complaints so I wouldn’t be in any rush to update unless you specifically need iLok2.