I have more issues with DRM when it restricts my hardware choices, such as DRM for audio, video and books. That DRM limits which devices the media can be used with, such as when iTunes music was limited to iPods and Mac/Windows.
On the other hand, I can run Steam on any device that can run the game.
For me, the advantages of Steam outweigh the disadvantages of its DRM, except when it comes to the one movie on the service.
I won't be buying Indiegame the Movie on Steam, because it restricts my viewing options.