Licensing and a test site on a private IP
 

Hello everyone, my inaugural post here, so to speak :D

I am trying to make a purchasing decision soon and have a couple of questions that I need to run by vBulletin team and seasoned users. My questions are rather different and so I hope mods don't mind if I start different threads for each.

Here is the most pressing one:

Will the owned license allow me to run effectively two identical sites: one on a test platform located inside my private network (i.e. not accessible to anyone but me) and another one on the actual real site?

I will need a rather long process of converting and adapting some features from an ancient custom-designed bulletin board and I cannot do it live. A test site is an absolute must. Will vBulletin code run on a private IP or does it require constant license verification à la cPanel?

Thanks!