It is a moral hazard because you're asking people for money for something that you can afford to do, you simply don't want to risk your own capital. That's the very definition of moral hazard. And IMO that qualifies as a "fund my life" project which is against KS rules - or again, at least the spirit of it.
As more and more people who can afford to do things themselves but simply don't want to take any risk they're going to be crowding out and taking attention away from the very people that actually really need Kickstarter. And they actually need it because they have a good idea and no capital with which to realize it. And that bothers me greatly. Perhaps I need to kickstart my own Kickstarter that ensures this sort of thing doesn't happen anymore.
“That's it. You people have stood in my way long enough. I'm going to clown college!”