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Newest 32 bit version on my USB stick. Entered registration info. Now I plug the stick into another machine and it shows as unregistered. Is this as it should be?

As a side note, there is setting information on the stick under the folder with all the V files has subfolders for each machine I've plugged into, all different.

Entered registration info. Now I plug the stick into another machine and it shows as unregistered. Is this as it should be?

Yes. Unfortunately, you will need to re-enter the registration code for every new machine.

This is the same behavior as running the non-portable version on a new machine - you need to re-register.

There was a previous bug where registering on a new machine would invalidate the registration on the previously registered machine. This no longer happens.