Code:
<Hotkey Shift Alt Ctrl L>
<LaunchAndRename Local WoW1>
   <sendpc local>
   <wait 1000>
    <text *edit*> 
    <Key tab>
    <text *edit*>
    <wait 100>
    <Key Enter>            
<LaunchAndRename Local WoW2>
   <sendpc local>
   <wait 1000>
    <text *edit*> 
    <Key tab>
    <text *edit*>
    <wait 100>
    <Key Enter>
hmmm... let's see, you hit one key, shift-alt-L, and you get 2 programs launched and...
4 delays of 2*1000 and 2*100 ms each
and 60 keys pressed.

yea. 100% certain that would get Blizzard freaking out.