While it certainly seems shady to me in instances where new games are immediately available for emulation, it's true that, legally, emulation is not the same as piracy.
The same in spirit? That's subjective, and I think we all have our own lines; I personally think it is for newer games (thankfully emulation tends to take long enough that it's not much of a problem), but at the same time emulation also preserves and makes available old games that no one is profiting from anymore.
Doesn't seem like discussions of piracy really need to be present in emu threads... I think the BotW videos where they show side-by-side examples of the improved graphics and such will justifiably continue to prompt some "piracy" comparisons, but with Nintendo leaving the Wii U behind I believe (correct me if I'm wrong) that none of the current gen systems are particularly close to being emulated now. That ought to reduce the piracy posts.
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