Dad Rock wrote:1. My work flow requires me to work on the same project on both my desktop workstation and my laptop by moving the project from one to the other as needed. Will your licensing allow me to install VisionLab Studio on both computers?
No, you need one license per computer.
Dad Rock wrote:2. Will the CompositeLab part of the program work with Virtual Sets offered by other companies such as Serious Magic?
That depends on what format the Virtual Sets (or other media) are in. If it's a proprietary format that only works in Serious Magic's products, then no. But if it's an AVI or QuickTime MOV video, or a collection of images, then yes, you can import them just fine.
If you haven't already, try the demo and see if you can import them.