No, that's allowable under copyright law.
If there is an outdoor concert, and you sit in your car and listen to it, are you a theif?
Yes, if your goal is to enjoy the whole concert without paying for it (as opposed to just overhearing it in passing).
However, this is apples and oranges -- you clearly won't get the full concert experience if you hear it distantly from the parking lot. Decrypting a satellite signal, however, you are getting the *full* product, exactly as good as that received by paying customers.
A better analogy for the outdoor concert would be, "if you crawled under the fence so you could attend the concert and took an unused seat in the audience so you could receive the full concert experience without paying, would you be stealing?"
Hell yes you would.
If the concert uses radio to transmit the singer's voice to the mixer, and you hear it on your car radio; have you stolen it?
Absolutely.
Several of us say, quite emphatically 'No'.
And you're wrong.
Absolutely.
Then we obviosly disagree on what "Property Rights" are. The radio waves do not belong to any one person or entity. In this case, the concert sound editors are using OUR airwaves for commercial gain. Although I may freely LISTEN (I did NOT say record and sell) to my hearts content; they are using a resouce they do not own. As such, one may monitor them at will. If they do not want to put thier music into the public domain; they are free to run cables.
Or for another case in point, if you watch fireworks from your house; then by the same rationale, you owe the person who paid for the fireworks money for the view. My rationale is that as soon as he 'Broadcast' his fireworks, the sight is as much mine as it is his. It's not his sky. Same thougths with the airwaves. Satelite companies are using Public Bandwidth.