The ilok 2 thing was because some previous Slate plugs were cracked and Steven wanted better protection. Click and download. Get INSTANT ACCESS to the world's.
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You don't need an iLok dongle anymore but you still need to create an iLok account. Without an iLok dongle, you need to authourize to the cloud (cloud-based licensing) through the iLok license manager software. And then you can use it today without any wait. And then you need to maintain an internet connection while using Pro Tools at all times (that's how the cloud licensing works).
You can always change it later to a dongle though if you get a dongle later (just move the license from the cloud to the dongle) and then won't need to have internet access at all times.