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Digital Downloads through retail purchased code???

Digital Downloads through retail purchased code???

Hello,

 

I've had an interesting question sent to me from one of my clients running a magento 1.6 store who sells various pieces of downloadable software.  They currently allow digital downloads through hardware purchases from the store, but they also sell physical retail copies that are burned on optical media.  They would like to get rid of having to include optical discs for their retail hardware and move to some sort of model that allows them to include a key code that is printed and included in the retail purchase that allows the customer to digitally download a copy...now I preferably like to also be able to:

 

-Track how many times the specific code is allowed to access and download the application (max 3 times).

-If possible Not have them have to sign up for an online account on the magento store.