It seems Creative and driver modder Daniel Kawakami have made amends, as Daniel has been allowed to release a Dolby Digital Live Unlocker for the SoundBlaster X-Fi series. He was allowed to release the patch under the circumstances that he did not modify any existing executables or DLL files. We also heard that Creative is trying to repair some of the damage from the previous drama by offering refunds to those who bought ALchemy.
:: Dolby Digital Live Unlocker for SB X-Fi series
:: ALchemy refund form