This has been asked a endless amount of time now.
still the same response, if your hardware dies you can transfer your license.
people keep complaining about the way the license works. But keep forgetting how much work the MorphOS devs have invested in the OS. I think they are more then worth the price of the OS. They are worth all support they can get.
Most other ways of licensing would destroy MorphOS, many people are cheepskates and would not pay if a cracked version was obtainable.
So im fine with the way it works now, the 30min limit is enough to get a good feel of the OS and learn to use it a bit.