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Yes. Major updates (like 22H2 to 23H2) often reset KMS activations, requiring you to run the toolkit again.

: Typically requires Microsoft .NET Framework 4.0 or newer to run. Version 2.7.3 Overview microsoft toolkit 2.7.3 download

The "2.7.3" version earned a reputation as a "stable release." Unlike later versions (some of which were bundled with malware), 2.7.3 was perceived as cleaner and more reliable. Key reasons for its popularity include: microsoft toolkit 2.7.3 download