That changed over time. As my time became more valuable, I couldn't spend all day fiddling with software anymore. I became more focused, downloading only stuff I used a lot. And then it hit me: It would be far easier to just buy the damn thing for $10, $20, $50, whatever and not have to hunt shit down, find a keygen, or in the worst case crack it myself.
So now I don't pirate anymore. It's not out of a feeling of moral obligation, but rather because I appreciate the convenience. And, realizing that pirates are people at various points on the price/effort spectrum, I don't even worry about my own software being pirated. Why should I, when I get income aplenty from it even with pirates in the equation?