I am thinking about purchasing the Perpetual Team License of RVW 4.X

Robot Virtual Worlds - VEX 4.x Team License (Non-Expiring)
$299.00
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Can this be used to also program an actual "real" VEX IQ Brain? Or do I have to buy this and the actual RobotC software?

The Virtual Worlds and ROBOTC licenses are two separate licenses, and will determine where you can send the code you've created in the ROBOTC environment to. A Robot Virtual Worlds license allows you to send your VEX Cortex and VEX IQ code to a Virtual Worlds level (and program the Virtual World robot models), while a ROBOTC license allows you to send your code to a physical VEX Cortex or VEX IQ robot.

If you would like to send programs to both the physical and Virtual Worlds robots, you will need both a ROBOTC and Virtual Worlds license. Check out our bundle pricing offers for discounts on buying both: http://www.robotc.net/purchase/vexrobotics/#bundles