Protexis Licensing "DRM"

The Protexis Licensing applications running on my Windows 7 machine have been present since I installed CorelDRAW X5 a couple years back. What bothers me is that, according to reports,  this is more than just DRM, but something that monitors how I use my computer and reports this information back to . . . someone.

I want it removed or disabled.

I can't be the first person to want or do this; a simple Google search is what led me here. I've read that uninstalling this spyware disables Corel Photo Shop Pro, but I don't have that software, obviously.

I would like to know if any of you have disabled it. I've read doing so does not affect the CorelDRAW suite, but I want to be certain.

Thanks!!!