Hey James,
Nice idea, but you will still be using 2 or more licenses. If you have it installed on one machine, this counts as one license in use. If you are using it remotely from another PC, this counts as two. If two of you are dialled into the server, using Office at the same time, this also counts as a third. Also, if your looking at having multiple remote connections to this server, what you would also need to buy is terminal services licenses as well.
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