Is this stuff LEGAL?

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http://forums.fedoraforum.org – I saw some pretty good emulators out there for free, they're mainly older ones, though. And they're free. Ok, I understand that fairly well. The game ISOs and ROMs are free. Huh? Why would I fish around for a Xbox that's around $500-$600 when I could get emulators and all the ROMs and ISOs I want for FREE? Is there something I'm missing? (HowTos)