Doing/owning an emulator is not illegal. Usually, an emulator is written by
using publicly documented information about the chips inside a home console
or an arcade machine. How to make it all work and how to emulate a custom chip
within the system to be emulated is usually done by trial and error, until it
works.
What is illegal is to a) include ROMS with an emulator, and b) be in possesion
of ROM images of games that you do not own. And even this is a little dubious.
Section 117 of the U.S.C. Title 17 (Copyright law), states:
Notwithstanding the provisions of section 106, it is not an infringement for the owner of a copy of a computer program to make or authorize the making of another copy or adaptation of that computer program provided:
So, according to the copyright law, you CAN own a copy of a software program you own(contrary to what Nintendo and the IDSA wants you to believe). But in the case of ROMS, you can't copy them so websites have to distribute them (so ignore in part sub-section 2).
About copies of software that you do not own, the Copyright Information Act of 1995 states:
"Any software no longer being sold with a copyright older than 2 years becomes public domain, the reason being that such software becomes obsolete because of advancements on the medium and technology."
So, old games are now public domain.
Still, even if you/we might be on the legal side, we are in the emulation
scene because of the classic games. To preserve these games. They just can't cease to exist. But to protect the industry, it is a self-applied rule among emulator programmers and webmasters to not emulate/distribute newer games.
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