Greg,
Yep “thinstall” is a little expensive and not necessarily within my budget either but the way I look at it is that if it protects my app from reverse engineering, eliminates deployment issues, helps eliminate another facet of my development with their licensing management API then the cost is a relative term especially since the cost of Dotfuscator, InstallAware, and the time to develop and implement my licensing and deployment scheme adds up and that’s doesn’t include deployment support issues that I will have to deal with….
I’m not quite sure what you meant by licensing vs. obfuscation but the reason for protecting the code in my app is to protect my licensing scheme. Currently my MS Access app uses 2 licensing schemes to avoid pirating the app thus the extra appeal for “Thinstall”… less work on my part.
Sounds like I’m trying to sell myself into “thinstall” 
The connection string thing will be another bridge to cross when the time comes since currently my App is a Client/Server but hopefully it will become a SaaS model and the connection will be stated. I’ve seen you post on this subject and I’m sure I’ll revisit it again. I’m counting on the encryption API from SF to handle storing the connection data encrypted in an encrypted file or encrypted and stored in the registry somewhere…don’t know yet since this is the least of my problems and I don’t think this will be a problem when the time comes…I hope! 
Trent,
Thanks for the heads up on your confidence and reliance of Dotfuscator to protect your intellectual property this really helps to ease my concerns and your two cents have value and since their community edition is part of VS then I’ll have a chance to play with it.
Maybe between my paranoia and several internet post that claimed how easy it is to reverse engineer an obfuscated .Net app did not help. Like I said my biggest concern is protecting the licensing scheme to avoid my app being pirated. I understand that any app can be pirated and in reality you only have to be worried when you reach the big leagues like Microfour 
Deployment is a big concern and I’m avoiding even thinking about it until the time comes and then anything that can ease the fear and the pain will be considered thus my current interest in the virtualization concept like “Thinstall”. 
Like I said before, my app is currently a client/server model thus the deployment, licensing and pirating concern but eventually if all goes well it will be a SaaS model with the help from SF’s ES and I’m sure that will have its own set of issues and concern.
Unfortunately for now this is a one man shop and so far the learning curve and all the facets of transferring my MS App to a commercially viable .Net App is daunting and sure to take its toll so anything that cuts my learning curve and development time and cost like SF or "thinstall" is welcomed. 
Thanks again guys…