Using a No-CD patch to have more then one copy of the game running at any one time, is absolutley, without a doubt illegal. Having more then one copy of a piece of software running with only once licence is nothing more then theft.
Using a No-CD patch because you dont want to swap CD's is a gray area, the software companies would like you to think its illegal, but in practice, theres no legal basis for this that I am aware of.
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