For some reason I never thought that would work, but it did. I managed to install the program. There were some hiccups, though. Apparently some plug-ins weren't installed because the program was already running and when I try to activate (again) my mpeg4 decoder/encoder, it says that key has been created for different passport. I used the same email when I reregistered during installation. I might have put a different name there, does that matter?
Edit: it seems I have a different pass now. Here's a link to our older discussion:
http://forums.pinnaclesys.com/forums/thread/662825.aspx