Whenever I spot a broken link in a question or an answer in StackOverflow (an other sites on StackExchange), I search for the latest version available in The Wayback Machine and replace the link. Before this idea occurred to me, I missed out several broken links myself. So, my intention in doing so was to make the answer/post available to the reader.
But, recently I stopped doing it, as I am doubtful whether pointing to a currently non-existing content from the archive is ethical or not. It might be possible that the owner of the broken-link no longer desires to show the content to anyone -- the scenario out of the possibilities that bothers me.
I am undecided. I would like to learn about the community's opinion in this matter.