@Fistcat:
You're forgetting 1 small detail: by pirating 360 games, you're not only ripping off M$ but also (even more so) the game studio's that made the game. How many $$$ did they get from you over your lifetime?
Anyway, I feel there is at least *some* hypocrisy here when it comes down to the 'piracy' discussions. I'm totally with GeToChKn's post below. I don't feel ashamed that at the moment I have *only* downloaded/burned 360 games. Also I don't feel guilty I have an Xbox 1 that I chipped, put a 200GB HD in, put 25 games on it (of which I legally own only 3), installed XBMC on it, some movies, GentooX, etc. I don't consider myself a hardcore gamer, I don't play more then 3 hours a week or something like that. Also, I tend to like constructive/strategic PC games (of which I own about 10) more than typical console games. By I do like to mess around with consoles. I would care more about homebrew/the possibility to develop for the 360 myself, than about copied games (though I'm afraid it won't happen). Still I have quite a collection of 'pirated' games. Why? Just because I can, and just to try out stuff.
None of these games I would have bought if there was no way to download/copy them. I wouldn't even have had an Xbox 1 or a 360 if it wasn't possible to play downloaded games and install Linux/homebrew on it. I owned an NGC a few years ago, with 15 games (that's 800 euro's) I bought legally, but I only finished ONE of them (Zelda TWW). Not because I didn't like the games, but because they just weren't "good enough" to justify not spending my time on something else. I don't think paying $60 for a few hours of fun is reasonable. That's why I download stuff, try it out, and if I really feel a developer deserves my money, I'll get the game and pay for it. Same goes for movies: I download movies every now and then if I'm bored, but if there's this really good movie out that I really want to see, I go see it in a cinema. If I want to have a long friday night drinking some beers with friends and watch B-movies: I go to the video rental and rent some dvd's. But not always. For music all is different: I'm so disgusted with the music industry practices, the price point of music and the restrictions you have nowadays, that I refuse to give a single cent of my money to RIAA etc. out of principle. I download all my music from AllOfMp3.
So, if this all of this means I'm a pirate: fine by me. I'd call myself an 'opportunistic' pirate. I do care about product quality and service, and if some company offers exactly that for a reasonable price, it gets my money, without exception. I actually feel good about paying for quality and effort. If I think some company does not deserve the money they ask for a product or service, or when I'm not sure about it, I first try it out. If it turns out well enough I *might* pay for it, but most of the times (with games at least) it turns out the other way....
And to get back to the homebrew crowd that despises playing backup: that's indeed a bit hypocritical. Using an XDK to create a media player with unlicensed codecs is also 'pirating' by your definition, because your taking away market share from other companies (like MS itself), for their media center implementation that only contains properly licensed codecs. I for one do not care about it, I might even have had the XDK on my PC myself for a while to hack around XBMC and do some demo effects (hypothetically ofcourse). But don't accuse the game backup crowd of piracy, because using homebrew on XBOX 1/or possibly 360 later (though I doubt it will ever really happen, except for XNA) is also illegal. Using the XDK is obviously illegal, and hacking an xbox to run OSS software is also illegal under the DMCA...