The studios or Netflix can think I'm withholding their expected revenue all they want. Different strokes for different folks.. Everyone likes to consume their choice of media in their own way. Some still like the novelty of buying a DVD copy, some like downloading the same DRM-ladden content online, some like to rip and copy from their local video store or online DVD rental service.
Ahhh so you're saying you prefer to consume your media by playing it from a HD. I do to.
I don't rip copies to my media server of movies I rent. I don't own those movies. I'm merely renting them and have rights as long as I have the media in hand. If it is a movie I wish to enjoy multiple times, I'll buy it then rip it to my server. More often than not this ends up being kids movies (hehe).