Moving PSElements from one computer to another

I just got a boxed PSElements and wish to install it on a laptop for a few months, then move it to another computer at that time. Will I have any problem transferring the license to a different computer? Have you done this or something similar?

There is no printed EULA in the PSE box, so I cannot tell what it says without starting an installation which I don't wish to do just yet.

Thanks!

I have PS Elements 7.0 and i have installed it on 3 different computers all 3 are mine and i have not had a problem..

+1 here.
It's on my home PC and my laptop, used only one at the time. I do not know about any licensing issues.

If the folder structure is identical and the catalogs are carefully synchronized, you can even work on the same data. But again, you have to know what you are doing, the program itself is not built to work in a multiple installation environment because of its single use catalog concept.

I just did this last week with PSE7 from my desktop to my laptop. The ELUA is designed to provide licenses for use on two computers, but the product is not to be used on both at the same time according to Abode. The only issue I had was with the serial number, I had to locate my full number on the product website under my account at Adobe. Other than that not a hitch...

Thanks for the responses, they are most helpful!