Easy to say that "your time is no more precious than anyone else's" but it depends on what you consider the end goal of the game.
For me the end goal is playing Pokemon Battles against other battlers. I'm only just getting into competitive Pokemon but it's something I'm enjoying. The problem? How time intensive it is to get there. Let's assume a few hours for breeding and training a perfect Pokemon, so each team, with no alterations to EVs, etc, will take 18 hours. So to mix things up a bit let's say I want a min of 3 teams (again with no sub options) that gives 54 hours play time.
I have a full time job, a 3 month old baby and a wife that take up 95% of my awake time. Not counting over the current xmas hols (where he has grandparents around to take time and I'm not in work) that gives me MAYBE an hour of play a day, at most.
I want to spend that hour playing what I enjoy in the game, the online battling. Not spending it doing on third of one Pokemon - or 1/18th of a team.
So is my time more precious? In general terms, no, everyone's time is (or at least should be) equal. In terms of scarcity (an important economic point given you were the one who decided to value time), yes - certainly I have less time to play it than a student.
So do I believe in legal hacking? Last gen I used it, but tbh I'm enjoying there not being a huge influx of over powered hacks so I'm loathe to see a return (though plenty of comments about that having already happened with the Jap Pokebank release). Certainly I can see why people do it. Now? Haven't decided which way I'm going to go when Pokebank returns and I get access to legal hacks from the previous generations.