I am aware of the card/STB pairing. having worked for the company in question installing this equipment we always had to pair the box and card.
What I think may happen (and again, all speculation!) is somone will find a way of spoofing the box SN on the CS server, to trick the card into thinking that it is in the correct STB. whether that's possible or not is a mystery as yet.
I think it's pretty much accepted now that HD over CS is gone for at least the foreseeable future, so everyone back to the bad old days of SD
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