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Thank you for the information. For some reason I found the opposite to be true. By actual setting "Initialized" to 0x00000002 TextPad accepted my license key. Anyway you got me on the right track.

I've used TextPad 4.x for several years and never had any install issues. Now I'm installing 5.0.3 on a clean Windows XP SP2 system using txpeng503.exe /V/qn which works great, I will note for some reason it doesn't create a Start Menu icon. My main issue is I can't get TextPad to accept my license ...