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I don't buy the 10% of games I want that are console exclusives, not least because I only own a Wii. And, whether I do or don't, what bearing does this have on the validity of the existence of platform-exclusive titles? Whatever that means.
I've downloaded all the ROMs I've used because I don't know how to get them onto my PC. However, I've only downloaded ROMs for games which I actually bought back in the day.
The end result is as if I'd ripped them myself but without the hassle of actually doing it. I've heard certain LG DVD drives can read Nintendo discs but that's as much as I know.
As someone who uses his PC to run my current gen games (90% of the ones I want come out on PC), Gamecube, Wii and GBA games (gotta love emulators), as well as watch TV shows and movies, listen to music, browse the internet and do anything else a computer can do for about £350 I concur.
Laws themselves are patchwork. Each one represents the failing of understanding. You don't know how to get people to stop driving drunk so you outlaw it, you don't know how to get people to stop gassing each other so you outlaw it.