PannicAtack: Oh dear. I'd best get my stuff authenticated asap.
To be clear I'm specifically talking about premium modules you purchased through the NWN online store. If, like me, the only premium modules you have are the ones included in the GOG release you're fine. Because those three had a physical copy release they do not have the same activation limitations as the later "DLC-only" premium modules. Sorry if I was unclear, I tend to think of the two trios separately for that reason.
It's where Wyvren Knights of Cormyr, Pirates of the Sword Coast, and Infinite Dungeons are concerned that there will be problems. To my understanding these need to validate
every time you start the module, so a workaround will be needed for those to keep them from disappearing forever.