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What is the difference between the free downloadable CADVault and a licensed copy of CADVault?

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What is the difference between the free downloadable CADVault and a licensed copy of CADVault?

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Nothing. It is exactly the same software, and it therefore provides a very sound basis for evaluation. What you try out is what you are going to get. The only difference is that until CADVault is licensed, it cannot create truly secure vault objects. They look and act just like secure vault objects, but they can in fact be opened by anyone quite easily. Before CADVault for AutoCAD can create truly secure CADVault objects, the software must be authorized by installing a software license certificate issued by CADLock, Inc. The software license certificate can be obtained via the internet by providing a license request that includes your software product code and the name of the license owner. The authorization wizard starts automatically when CADVault is started, or it can be started manually at any time while AutoCAD is running by using the CADVaultAuthorize command.

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