It's not conceivable to me that we'd ever run into a situation where a pirate group would say "it'd be wrong of us to rip this and distribute it." It just wouldn't ever happen.
I said it was hypocritical, because I pirate a lot of stuff myself. I think it's great, it lets me be exposed to so much more than I would otherwise. So, I'm not complaining. But, I'm also not rushing out to spend another year making something small and personal just to have it show up on torrent sites a couple days later. Not sure what to do about that. Ultimately, I guess it comes down to people's choices, but people don't think too hard about the ethics of this stuff—I know I don't, 99% of the time.