But you still have to stay connected for offline play solely
because the connectivity to the internet is what's justifying the
originality of your copy of the game.
So no internet = No connected CD key in a sense.
Newer games get you to register your CD keys online, instead to
a specific computer so once you register it, you cannot reuse the
CD key on another computer without conflicting with your 'online
game account'.
So if I wanna share Shogun 2 with a friend, he probably needs to
use my Steam account to play.
Most games lets you activate at least 3 times so at least you
can share with two friends, but most digital download sites gives
you unlimited activations.
At least there's a way to play steamplay games offline, ubisoft
drm is just pure evil....