I installed this add-on following Cloudflare support's recommendations to restore original ip addresses in vbulletin. It worked perfectly.

I only need it for this function.

Will the mod continue to work if I disable IP logging in the vBulletin options -> Message Posting and Editing Options?

seems not to detect ANY real ip at all.. Only says. Real ip: Proxyip. rofl

Then you have an error in the set-up somewhere. :)

And I stand corrected :)