How’s that different from TIVO? One can record media for which on has paid one time, as with a cable subscription, and then watch it repeatedly forever. If I rent a movie, for which I pay, why can I not do the same as TIVO?
I believe there are legal warnings on rented DVDs that prohibit copying. One can always rationalize it by saying, “That is a dumb law. I know better.” I humbly submit, however, that it is still illegal...and the basic human motivation is still “I want free stuff!”