Not much. The former employee was able to secure rights to set up his own activation server, so anyone with an existing licence can get fresh installs activated, but that's where things ended. The same guy was thinking of using his know-how to create a similar product, but he seems to have found full time employment elsewhere and that project died a still birth.

Since the VRD activation can be transferred from one pc to another by cloning the boot drive where VRD has been installed, should VRD eventually fall over thanks to a future windows update I'll dig up old Win10 image I still have and install that as a VM to run VRD. If that fails, I've also got an old Win7 image.

On my old Win7 laptop (which is now a VM), VRD quick working. :hmm:

... but I don't need it anyway, so never looked deeper. In fact, I don't even use the software that replaced VRD anymore, as those MPEG editing tasks are ancient now.

I've been using SmartCutter from Fame Ring for years after switching from VRD which at the time could not edit m2ts Blu-ray files that contain multi-track audio and subtitles, It always ends up in audio drift, missing audio tracks and broken subtitles. I think I only paid $20 for SmartCutter and still works with free updates, Which sounds weird now when you hear about a software with one time purchase for life.

If you have a Sony camcorder, Sony's Picture Motion Browser also performs lossless cutting, trimming, and joining of DV and MPEG2 video. (If you cut/trim between I-frames it will re-encode the video until it reaches the next I-frame, just like VideoReDo does, but if you drag the slider it will move in steps that match the I-frames to avoid this.)