But when I look at my licenses it says I have a license for one machine, and trying to install it on a second it denies me, telling me the license is in use.
What is the situation here? Was I misled in my purchase or is something not right here?
For what it is worth, this "fixed" itself for me after a few days. Eventually I was able to see one license that allowed three separate activations; at first I was only seeing one (and it was in use). That's fixed and I was able to activate on a second PC.