Only fair to report that after a few days Nikon has agreed that yes I do own legitimate copies of Capture NX and Capture NX2 and I’ve been supplied with a product key that works.
At half the price of Lightroom and quarter the price of CS 5, NX2 is a steal at $200 or so.
But, it’s not for the amateur who just wants to convert RAW files to JPGs. For that, I’d recommend Adobe Photoshop Elements which at $90 is perfect. IPhoto which comes with MAC is very good as well. I use IPhoto for almost all of my work that appears on the web.
However when it comes to my fine art photography, its Capture NX2 all the way.
The U-Point technology (which allows you to drag a point from a menu bar right onto the image and adjust whatever you want without creating additional layers) is amazing.
Anyway thanks Nikon.