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With many people and antihackers or anticheaters, a statement like that is akin to "I need money. I can work for all my life and earn it, but that takes years. I would rather steal it from a convenient store because that is much faster."
And I normally agree that the "ends justify the means" argument is a weak one.
That said, I am sure there is something somewhere that states you don't own the programming of the game but rather the rights to own the thing its stored on and the right to play the game. In this case it can be argued that messing with the programming using power saves or other editors is illegal.
It may appear that I am against cheaters, and I am, but I keep my voice way down now mainly because breeding is so much easier. As long as I am not affected by the majority of it.