"Hey people, it works just fine for me. This is the trick:
Install the trial version without entering any key when prompted and close folderguard. Now, to activate it, you need to edit the registry. Go to Start, then run.
Type "regedit" which will open the registry editor.
Open the + tree where it says "software" and scroll down to the "Winability" folder (Winability is the makers of the software.)
Drag and drop the registry entries (provided in the egydown download) into the folder on the right of the tree, or simply in the Winability folder. Done! A message will appear saying the entries were successful. Now, close the registry editor and run your full working version.
This way, you'll skip the internet check prompted by the software at registration.