Same her , activation does not hold, but since I am planning to reformat my system soon I did not worry about it. The pc is rarely connected to the web so I reckoned that was the reason. As I read the software should be deactivated before removing it. My thought was I probably should have a web connection when I enter the activation info to fully activate it. I do not use the program often so it is no big deal to have a stickie on the desktop and copy/paste the info.
Win7 home premium 64 and CS4, I right click and run the standalone as administrator. No errors or anything, everything works fine until next restart. Then I copy/paste again.