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I don't disagree; branding free is pretty much useless in terms of hiding what version software we are running. During a redesign of WHT I laid out several requirements and one of them was keeping the copyright in place for licensing reasons. I don't remember who; but someone asked if there was a way around that and I picked up a branding free version for that reason.
It is one less thing I have to make sure is in place during a design refresh though; so it does serve some value.