I ve recently moved my dev environment (VS.NET 2008 SP1 on VMWare) over to a new network, using a more restrictive firewall. During subsequent builds, the license compiler (lc.exe) took a long time to complete (several minutes). I assume it was timing out because it was not able to connect through the firewall, but I can see no evidence of timeouts or build errors in the event log.
Do you know if lc.exe does try to communicate back to the vendor s license server, and if so whether it uses a non-http port to do so? Google was not my friend on this one.