Just to echo many of the parent posts:

nuvevport and transcoding are all acceptable fair uses under the
betamax decision.  Over 20 years ago, the Supreme Court held this to
be acceptable.

Cd Backup is legal from Congressional statute

This is US-centric, but a good rule of thumb is if the US allows it
under the (c) regime, most likely so will other countries.  No laws
are being broken here, and I am not even sure how you would use these
tools to break the law (sure you could borrow others cds and copy
them, so that would make any computer with a dc-rom drive and HD
illegal, and I suppose you could make your own dvds of recorded
content and sell them in the black market, that would make an VCR also
capable of this infringment)
-- 
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