I, too, received this email. I was surprised. It was forwarded to me by another FT'er. I won't name that person. I won't post the email (per TMK's request).
I guess I don't care whether it is legal or moral the bottom line for me is that I wouldn't feel right about doing it.
That makes me right in the sense that I am following my conscience, but doesn't make others wrong who disagree with me.
My 2 cents,
-levi aka eastwest