MPAA: Ripping DVDs Shouldn't Be Allowed Because It Takes Away Our Ability To 
Charge You Multiple Times For The Same Content

http://www.techdirt.com/articles/20120215/11540317771/mpaa-ripping-dvds-shouldnt-be-allowed-because-it-takes-away-our-ability-to-charge-you-multiple-times-same-content.shtml

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Effectively, the MPAA is arguing that there is no evidence that ripping a DVD 
itself is legal, and since anti-circumvention exemptions are only supposed to 
be for legal purposes, this exemption should not apply. Leaving aside the sheer 
ridiculousness of the fact that we need to apply for exemptions to make legal 
acts legal (I know, I know...), this is quite a statement by the MPAA. While 
it's true that there hasn't been an official ruling on the legality of ripping 
a DVD, the fact that CD ripping is considered legal seems to suggest that movie 
ripping is comparable. 

But the bigger point is that the MPAA is arguing that because they offer 
limited, expensive and annoying ways for you to watch movies elsewhere, you 
shouldn't have the right to place shift on your own:

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Just because i'm near the punchbowl doesn't mean I'm also drinking from it.

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