I approve of "making back-up copies", which I believe should be the sole purpose of these kinds of programs (I use Alcohol 120% to put all my movies and games on the computer... call me lazy but I hate having to put those CDs or DVDs in all the time so I can play them, plus I have only one CD/DVD drive. I also like having instant access to them, and that if something happens to the original CD or DVD, I still have it.)
It's the warez users that are giving this kind of stuff a bad name (also stuff like P2P). "Oh look! I can rip this movie/game with this program, then upload it to a torrent!" Which then results in these companies wasting a lot of finances trying to put in the toughest piracy protection on the stuff, which the warez junkies (who are probably too poor to afford the stuff) keep cracking, then they beef it up again, then they crack it again, etc. etc. with an end result that hurts the middleman.
*Construction Area*