This is legal copy, but cannot be sold in Japan.
You can say it's official Taiwan version of MM.
You can see there's official translation for the lyrics as well.
People can buy both the Japanese and Taiwanese version in Chinese speaking regions (such as China, Taiwan, Hong Kong, Singapore, etc). However, the price of Japanese ones is usually triple the price of the offical Taiwanese ones.
The sound quality is the same, but it is true that you got the 'superiority feeling' when you own the Japanese copy. It is interesting to note that some Asian fanatics tend to own both Japanese and Taiwanese versions at the same time.
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