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I pretty much watch all content via stream. Typically, I'll use legal means first, such as Netflix or Hulu (albeit, lying about my location, but whatevs), if I cannot find any copy legally available, I have no qualms with trying to find alternative means.

I don't care about the moral arguments behind any form of piracy, they're all bullshit. So, for me, it's a matter of convenience. It just so happens that for a lot of content now, Netflix is far more convenient than the black market counterparts.