Will I lose my quicktime pro if i update QT player??

I have an EyeTV (el Gato, the coolest tv system) on my old G4 and just a minute ago, I updated it. Found out there's a wi-fi capability that can upload my recorded tv shows to my iphone (via the internet). So I enabled it but it prompted me to upgrade to the latest QUICKTIME Player.
I have QuickTime 7 Pro and I want to update the "Quicktime Player" and here is my question: If I update the player to 7.4, will it override my QuickTime 7 Pro thereby losing it forever? I haven't used this Pro (or the player, I don't even know if this is a stand alone app. The player just pops when i click on a movie so i can't tell. I think it's one and the same, oh but...) forever and I can't really remember how to use the Pro features already. But I know that it's still there because it's registered and I have the code in my System PReferences and I want to keep it, in case .
Thanks in advance for taking time to respond. I really really appreciate your response asap. I can't wait to see my recorded shows on my iphone.

I have QuickTime 7 Pro and I want to update the "Quicktime Player" and here is my question: If I update the player to 7.4, will it override my QuickTime 7 Pro thereby losing it forever?
No. Any QuickTime 7 Pro key is good for all versions of QuickTime 7 on the same platform, and the only difference between QuickTime Player and QuickTime Pro is whether a valid key has been entered.
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