Originally Posted by da man

It is definitely possible.
All you need to do is installing each Chameleon license from different Windows user account. Also, each of them needs to be installed in different directory.. (to prevent data in registry from being overwritten).

Then; when you use one license and want to switch for the another one, you simply log off from your current Profile and log in to other one where you installed the 2nd Chameleon..

Its very easy, however it works only once you have 2 separate active licenses of Chameleon.

all the best.