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Originally Posted by RangerDown
Reverse engineering is permitted as fair use in copyright law, unless you contracturally agree otherwise. If they sued over reverse engineering, it could only be the EULA that provided for that.
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I don't think it is so clear-cut as that. I'm don't know how thoroughly you've read through the DMCA, but it makes a lot of this sort of stuff illegal, or at least questionable (mod chips, Dmitry case, etc.). If something is distributed, to the public especially, aspects of fair use can go out the window.