Very interesting debate, but I have a couple of points to add:
* How can we preserve fish in the wild unless we first study them up close? If we don't know what they eat, how they eat, where they live, etc. then we will not be able to know what's wrong if they start dying off.
* How can an aquarium be "cruel" to a wild fish? (As long as it is the right size and properly maintained.) Think about this... they have free food 24/7, primo water conditions, friends to play with (or chase), and constant care and attention.
I think the true issue here is that of people being cruel to their fish. ie.- Putting them in tanks that are too small, dirty, not feeding them enough. As long as the fish is not endangered and is being caught humanely, I see no problem with it.