Think about the new generations of players who have missed out on those great games? Now they can play it in a way better version then before. But yeah I know that feeling it sucks getting old ;)

These are absolutely terrible analogies.

Sure, if you were stealing it. But you're making a carbon copy of data that's going to be the same data that will be legitimately yours when the game comes out.

Nope. Software is licensed, not sold. You're not buying the game, you're buying the license to play the game... the media is irrelevant.