Sure thing
I've posted about it on the vbulletin.com forums to see if it's ok
I did check the licence agreement but it's abit shady as to wether it would be allowed or not.
Quote:
If you have a valid licence, you may set up an additional test forum in order to test code, template and database modifications. To make this clear to us and our licence verification procedures, place it in a directory called 'testvb' and be sure to password protect it. It must not be accessible by the general public.
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