Well, I hate to see you give up on this. Rest assured, you are not alone with these HP Protect Tools but others have had success removing it as seen
here.
I like the solution "Frustrated1953.1" came up with - he returned his HPs and replaced them with IBM Thinkpads. lol
Understand that ALL notebooks makers foist a bunch of unwanted, unneeded junk on notebooks and none, as far as I know, make it easy to remove. Some of this "fluff" is there to make recovery easier, or secure your data better if the notebook is stolen. But most is just bloat you will never need.
If me, I would certainly send a letter to HP telling them why you will never buy another HP and that you will be sure to tell all your friends, family, neighbors, co-workers and schoolmates why you will never, and they should never, buy HP either.