Basically, the question comes down to this: Buy or lease? Because you don't actually own a copy of the code when you go to Steam. You just lease it. Steam activates the code through an on-line download every time you run the game and disables it before you exit the game. It's their code, and they do not permit any changes to that code. Think of leasing a car. You don't own the car. You can drive it, can use it for normal transportation purposes. But you can't make substantive changes to it, or you void the lease agreement. There are pros and cons to the Steam approach, just as there are pros and cons to leasing a car. But if you want to make changes to the car, or the game, leasing is not the way to go.
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