Hypothetically speaking, both. Those that could afford it would buy it and grumble, those that can't would use Gimp.

But this is reality, and the reality is that pirating is easy to do even with all the DRM/anti-piracy stuff that is in place.

For those that would buy, piracy is a net loss for the company.

For those that would use open source, it's a net a loss.

It's like the old saying: "Only thing worse then being talked about.."

Only thing worse then being pirated is not being pirated.