Can this work? (RAD Studio XE5)

[Wannabe]

I have an idea on how to activate XE5 but I'm not sure it will work and I don't have all the skills to do it.
But hear me out.
Would it be possible to patch sanctuarylib.dll (which validate SLIPs as far as I can tell) to accept the XE5 keymaker generated ones?
It seems to me that there is no code-obfuscation in this file.
To then overcome all checking of files I was thinking about creating a loader that hooks LoadLibraryW so that every time sanctuarylib wants to be loaded it will be pointed to the patched file, who resides with the loader outside the bin-folder.
It then starts bds.exe and unhooks LoadLibraryW on exit.
So what do you think? Possible or impossible?