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Everyone has a right to use any kind of encyription on the programs they code. I personally donot release anything that is even a little complex on vb.org anymore because i have no time to support it and i have no intention to help people making money from my work. Also i want to protect my code as releasing it free can help a person to steal my code. Paid addons have the same problem. In order to protect their code and investment they encode their product.
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How about just using the law, like Jelsoft uses? And there's still no excuse to why sometimes FREE products are encrypted. So you're scared people will add features they personally want with paying $999.99 for the super deluxe premium addition? Scared people will actually modify it and realise that the super deluxe premium addition isn't as brilliant as it's been advertised? Seriously, the sheer amount of people who seem to think the fear of others stealing their work is worth making it harder, if not impossible for technically advanced users to use for their own purposes is ridiculous.
Oh, and I'm not going to use vB SEO as an example any more, it's obvious that every single mention of it causes a flame war or pages long debate to break out between it's supporters and haters.