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Ok, here's my (possibly incorrect) perspective on the matter.
When I buy a Kindle book, they're not selling me the book (according to their terms), their selling me the rights to read the book. The download is not the book, per se. I disagree in principle, but it is something I've agreed with upon ordering and I've never violated. Call me a sucker if you like.
If you've actually bought the book, you've already bought the rights to read it. Therefore, putting a copy is simply exercising the rights you've purchased to read it in a different format.
I've yet to illegally download a book or re-distribute one. I have no need, there's still far more freebies and public domain-ers that I want to read that I haven't yet had the opportunity. I don't think that well's gonna run dry any time soon.
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