So long as it's installed on one computer it's not piracy.
If it's on multiple computers, but the game requires the disc to be present to start up, thus preventing the game from running on more than one computer at a time, it's still piracy.
So then deleting the install, loaning the game to someone else (or even just installing it on another computer you own), who then deletes the install when they're done, allowing you to re-install the game upon it's return is 100% legal.
Getting pretty technical?
Technically speaking, most software licenses only allow for the program to be installed on one system, period, otherwise you'd have to purchase a multiple license pack (OS, professional or office productivity), or in the case of games, just buy multiple copies.
I don't know a single gamer who does this. Not one.
How many people have gone on record as stating they want to install the game (or any game they buy) on multiple computers that they own, with the idea in mind that this is well within the software license agreement (which is what the user has really bought), when technically, it is not?
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