This worked the way you stated the very first time, when I actually subscribed - but I had the issue where all my devices were complaining about my Master Password being different. I thought a fresh install might fix it, but now I'm getting the issue where "Generate synchronization code" won't change from "Power Up Sync" to "Generate Code". I tried the steps you listed and still no dice. It seems to me that there is an issue with the mobile app that doesn't handle the case of a new install with an existing subscription.
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I've been having a lot of problems getting Key working. First, I downloaded it on my MBP because I thought that would be the easiest way to get the passwords entered, but then I found out you can't use a non-mobile device as your master (something aobut subscriptions, seems silly but whatever). So I downloaded it on my iPhone, Powered Up Sync, subscribed to the annual plan... and started getting a message on BOTH devices that my master password had changed, but none of the passwords I entered on either worked to reset them. So I followed the instructions on this post (http://community.f-secure.com/t5/Password/I-have-forgotten-master-password/td-p/45119) to reset the MBP, but the problem persisted. So I deleted the app from my iPhone, reinstalled it, and tried to get going again. Now, whenever I click on Power Up Sync, it tried to take me through the subscription process again, and if I try to go through it, iTunes tells me I'm already subscribed, and Key doesn't continue, just keeps asking me "3 months, 12 months, Get it later" so I can't proceed. Where do I go from here?
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