I understand the psychological theory BEHIND the term moral victory, but at the end of the day, there is no such thing. We tend to forget just because Seattle beat them soundly last time that Denver is still an elite team. They have the talent to match anyone, they just had a poor gameplan. I had no doubts Denver would keep it close this time. They only got better in the off-season (well...mostly...their run game is worse).
The moral victory is a fabrication of fans and the media in order to provide storylines for teams as they progress throughout the year. Plenty of bad teams play well against a great team in a loss (aka, "moral victory") then go back to sucking. If moral victories existed, why did they suddenly suck again? On the opposite end, if a great team plays very poorly one game, why is it they can bounce back from it?
We're talking sports here