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Seems that as of version 4 (I just installed 4.1.1) the 'Typewriter' feature can be used without having a watermark added as in previous versions. That's good news. However, if you dislike toolbars and browser start page hijacks, watch out during the installation process. There are not only several checkboxes on more than one wizard page, but you will have to hit a special 'decline' button instead of the typical 'next' button.
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