Emulators
 

is it possible to get arrested for using them? o.o

(possible meaning more than a .001% chance of it happening)

Whats the chance of getting arrested for torrenting?

you have a higher chance of getting a virus from downloading them

You have a greater chance of being attacked by a shark

I'm using a safe site. McAfee approves of it, as does a friend.

I'd imagine it's much like getting arrested for torrenting. Hardly happens but if it does, you're made an example of. Very, very low odds especially if you're not the kind of person who tries to get every latest rom/media title.

At the risk of getting grief from Triumph again, the big companies go after the people that distribute the illegal content. No one has been prosecuted for downloading any illegal media. They've been prosecuted for distributing it. The chance of an arrest happening is extremely low, because even if charges are filed, these things are civil matters. At least in the US.

90%