>   Encode (or compile) the source.
>   Zend's compiler costs 2400 dollars. At this cost is better to
> release your code on an open source license ;-)

The open source license is only as effective as your ability to hire a
lawyer to enforce it. ;)

It also depends on:

a.) How much you're charging for the product
b.) If you feel confident in your ability to police your clients.

My .02 cents, IMHO, etc, etc...
- Erik

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