I think the occasional transfer would not be a big deal, but if you go from your desktop to laptop multiple times a day, even once a day it quickly becomes a completely silly requirement.
Then you couple that with the fact that none of the other plugins you own require it whether Arturia, iZotope, FabFilter etc. none of them have these requirements.
Why can’t the Waves software center / hub work like Arturia’s or iZotopes, and just auto manage your licenses in the background?
I’d be back on the Waves wave if they sort it out, tis 2020 and 2021 is upon us, let’s go Waves!