I’m a little worried about being forced to use the new licencing system with the release of N12. As I understand it, Steinberg will stop supplying dongles with the introduction of N12. Anyone who has earlier versions will have a dongle with the licence on it, but what happens when/if the dongle fails?
I currently use N11 and N7. After upgrading to N12 I will probably not need to go back to N11 in the general course of events, however I do frequently need to go back to N7 due to a problem introduced in N8 (and onward) that restricts Nuendo’s compatibility with my control surface. So if the dongle fails and I can not get a new one I will no longer be able to access N7. This is a big dis-incentive to update beyond N11 as it will be better for me to stick with N11+N7 rather than to update to N12+N7. Although this does raise the question of how long Steinberg will be prepared to support the Dongle for all pre-N11 software versions.
If Steinberg is willing to keep the dongle available for another 10 years or so, that will be fine for me as I will probably be done by then!