Hi ,
well i'm looking at themida only to learn , not simple for destroy the rafael
work.I think it's a great work , and themida it's a really good stuff to revers.
I think (but it's a my idea) that a ring0 commercial pe-crypter it's not a good think.No ring0 must be used under a protection , and as we can see ,the os developers are trying to deny this sort of activity (see windows 64).The future is not for ring0 protection but for intelligent protection like the VMProtect that use code emulators.

But , hey for a revers study themida is a really good target.I see that some guy already unpack it (not a full working unpack it crash on load exe ) this is good.
I'll continue to write my tools for themida attack.