Correct, it's not like "Add a ping sensor floating somewhere in the tree and then define there a range of targets to ping".
There is sort of an object hierarchy. You need a device to put sensors on. Most sensors will direct their query then to the device they were added to.
Device count as such is not really a deciding factor, what I mean is, in the end it doesn't matter whether you have 500 ping sensors spread over 500 devices or you monitor 100 devices and each with 5 different sensors on them. So the 500 sensors license is a good fit for small networks or when only aiming at monitoring certain devices in your network where 500 sensors could suffice. For everything else then there are those larger licenses.
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