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I can really tell on my own wifi when someone else is watching a video. Throughput just plummets.
But I deliberately share my wifi with my next door neighbor. The deal is he bought the wifi router and I provide the service but I can keep the router.
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Suppose your neighbor had an unsecured wireless access point that you had a good realiable connection to. Would you cancel your service and just use his?
 This question pretty much goes along the same lines as downloading pirated software, music and Movies. My personal opinion is that these multi-national companies are not hurting for money, so why not.  I have been know to download an occasional movie or ten, as well as music and software. I just seen, "Land of the Lost", last night, and I'm just thankful I didn't pay for it.   I still go to the movies on occasion, as well as buy a music CD or computer game, but the bulk of my entertainment comes from other sources.
So my answer would be absolutely, why pay for something if you can get it for free? Immoral? That's a rich persons word. Us working slobs that can barely make ends meet don't know what that word means.  :-)