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Support is Excellent - They Genuinely Want to Help
Based on my experience to date (a few months), I would definitely recommend The SoftwareKey System, especially as the cost is very reasonable.
The two aspects that I searched for in a licensing system were wider trialing (with controlled license expiration / conversion), and the ability to implement various license options dynamically (feature enabling).
From an integration viewpoint, this was straight-forward, starting from the supplied SDK, and modifying to suit. There is a lot of flexibility in the system, meaning we can consider feature-unlocking based on license type sold, while shipping one executable. That's a big win. Support is excellent ... these guys understand what support really is. They genuinely want to help.