That's a nice soundbyte but it fails for the simple fact that in all legal matters there are limits imposed by law. No court ever OKs a law on the grounds that "if you don't break it you have nothing to fear." In the criminal realm, the Constitution sets the limits. With something like contracts, there are rules regulating whether the terms were unconscionable among other things.
Those are just examples but the point is that there's never a time where it's ok for an unjust rule to stand simply because "if you don't break it, you have nothing to fear." Could Microsoft come and take the 360 from the person? Should the company be allowed to do that? If we believe we have some personal private interest in the property (as in, we're not simply borrowing it) then no.