U.S. law also allows the consumer to make copies of any media that they have legally purchased, as long as such copies are only meant for backup purposes and kept by the original purchaser.
Yet the industry puts so many security codes into the discs which prevents people from exercising their right. Granted, it may be the company's intellectual property, but when you buy a copy in the store, that copy becomes your personal property, and within reason, the law can't tell you what you can or can't do with your personal property, and the law says that you can make backups of such things for your own personal reasons.
This is something that's been going on for such a long time, doesn't matter how good one side's argument is, the other side will have a just a good of an argument, so in the end, it's a moot point.