What does “as good as” mean in game dialogue?

Definition

as good as: practically; virtually; almost certainly

Appears in

The Elder Scrolls V: Skyrim

Spoken by

Astrid— “And now Titus Mede II is as good as dead.
Eydis— “And this inn has the very bed the great general slept in on his first night as Old Hroldan's liberator. As good as it was hundreds of years ago.

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