Hmmm... its one of those threads...

Well, my 2 cents worth: Simply put, it totally depends on the laws of the country in which you live in.
If they have a law against software piracy, then you're not allowed to do that - whether its OK or not is irrelevant. You either might go to jail for software piracy if you get caught, or not - simple as that IMHO.

If you think it should be OK to infringe copyrights while your country's laws forbid it, get elected to the government and change it (unless of course you do not live in a democratic country, and in this case this whole argument is void )...