Your thoughts on MMO Private Servers?

Ok. I have been thinking recently, and I am wondering what everyone thinks about Private Servers.

My Thoughts:

 On quiet a few game websites I looked at while reasearching this topic, I found that a lot of sites say people are allowed to create private servers as long as they do not charge fees to use them. Donations are fine, but no monthly payments or anything of that sort. I think that is a reasonable rule. If people think an EXP rate is slow in a game, I think it is fine for them to be able to play the game to get better rates. Most people turn to private servers just because they want to play a P2P game for free, and most people want to play on a private server to get to extremely high levels really quick with 100x and higher exp rates (Which personally pisses me off... That is a waste of time and it ruins the game... Lazy bastards...).

 Also, I think private servers are an alternative to hacking! If a player wants GM powers or to level fast or without effort, why pollute the real game servers with hacking and stuff? It is just as easy to get all of that stuff on a private server where people actually want that instead of making people unhappy and ruins their experience in the real servers. 

I am looking at Private Servers for two or three games for when I get my new computer. I am going to buy some games, but there are also some other games I want to play that are notorious for their grind, but have excelent PvP and other features I want without the hours and hours of grinding to get to level 40 or something... 0.0' And I don't want to have to pay... But that isn't the point! At least someone isn't running their own server and making money off of someone else's work! So, it is fine to not want to pay...

What are your thoughts? If you think people who support and use private servers, please, tell me why you think that. If you do like private servers and use them or support them, tell me your reasons and what not. 

 
Sorry if this is against the rules. I didn't see anything about not discussing Private Servers in the stickies...

l2extreme got FBIed when they found out they were accepting "monthly donations" for game benifits.

the rules on private servers are very tempramental.

Overall I don't see a problem with them..... A lot of people using private servers are using them simply because they never bought the game (pirated it), or they refuse to pay the monthly fee.    In these kinds of situations, the people playing on private servers were never going to buy the game anyways...So they're really not hurting anything.  Overall, private servers are horrible....  I've tried some on a few games to just see what they're like, they just can't even compare to playing a regular server on servers that can handle more than 50 people without lagging.