[Kristo Kotkas]

Be advised Waves V7 or 8 was authorised by using an Ilok. For V9 Waves moved away from ilok and therefore they do not provide any support for old versions. So, if you buy V7 or V8 then you only will be buying an physical Ilok with the licenses on it and you do not gain actual ownership over the plugins. Therefore, if anything should happen to that ilok you have lost your licenses, nothing to do about it.