Oh, of course.
Those licences are just like copying a VHS tape, Stealing cable, gambling on sports, or smoking pot. It's not really illegal, but it's illegal to the point where if there was something that seriously threatended MS *read "was going to cost them a TON of money" then they can use it against you. Somebody at Tecmo just got pissed and whiped out the licences just to wave their prick around, that's all.
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