I have had discussions on this very topic with several friends. Generally (get that distinction?) if the quilting is being done for a quilt that will not be entered for any judging, then NO, it's not "cheating", it's just another type of quilting. HOWEVER, when judging is involved, I have seen shows where computerized quilting was judged alongside hand-guided machine quilting. I don't feel that is fair..it would be like attaching a paint brush to a computer arm and then entering the picture as your own in a competition.
I have seen that the categories are being separated...and that makes it fair to all.
And that is MY Personal Opinion!! :-)