Hi Simon,
When performing a minor upgrade it should not be necessary to reactivate your license. The reason this is necessary during a major upgrade is because SmarterMail will not automatically see that your license is for the newer major version. However, because a minor upgrade keeps the same major version number and SmarterMail recognizes the same major version (e.g., 12.1 to 12.3), you shouldn't need to do any reactivating.
Hope this helps!
Andrea Free
SmarterTools Inc.
877-357-6278
www.smartertools.com