Jason Calacanis asks a very interesting question about ripping DVDs that are in your posession:
I have a Netflix account and I'm about to go on a road trip. I'd like to rip the three DVDs I have onto my hard drive and iPod so a) I don't have to carry the DVDs and b) so I don't waste my battery life on my computer (dvd spinning kills the battery quicker than a compact flash card).If I don't send the DVDs back until after I delete the files when I return from my trip, and I don't share the files, have I done anything wrong?
The Netflix Terms of Use states that your membership can be terminated if they "believe" that you are copying DVDs:
Netflix reserves the right to terminate your membership hereunder if Netflix, in its sole and absolute discretion, believes that you are in violation of this paragraph, such violations including the copying of DVDs rented to you by us or the copying or other unauthorized use of our proprietary content. Netflix does not promote, foster or condone the copying of DVDs or any other infringing activity.
If you decrypt a DVD (they are protected by CSS encryption), you are violating the Digital Millenium Copyright Act, and it is illegal (this was a sneaky way for the MPAA and the studios to take away fair use).
What do you think? Forgetting the legal issue, is it ethical to rip your own DVDs?


Rick Aristotle Munarriz from the Motley Fool explains how they've built a Netflix-like stock recommendation engine (watch out for the patent lawyers!),