This is in the README HTML file you downloaded with your vB3 Beta ZIP file:
Quote:
Please note that the vBulletin License Agreement allows you to run both a public installation of vBulletin and a non-public installation for your own testing purposes. However, the 'non-public' part of this license means that you may not run both a public vBulletin 2 installation and a public vBulletin 3 installation at the same time. The license allows for only one public installation of vBulletin.
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Read it carefully, and follow it. You don't want to break your license agreement, as it gives Jelsoft the right to revoke your license.
This is just a reminder since I have noticed many members running vB2 forums while posting links to their vB3 test forums as well. If you have only 1 license, then you have to make your vB3 test forums non-public.