Thanks for the input Wayne. I'd be surprised if the studios made such a drastic action, the same as I would be surprised if the satellite tv providers disabled the component outputs of their recievers. Not saying it won't happen eventually, but done anytime in the next couple years would result in some pretty nasty backlash as consumers without HDMI TV inputs voice their displeasure. There are a ton of TVs out there purchased shortly after HD started to become available with no HDMI or DVI inputs. Good TVs which cost consumers real money, but which are limited to component inputs for HD content.
If I was in their situation and my satellite provider disabled my component outputs, or disabled the content from being routed there, I wouldn't be the only consumer lined up to put my name on a class action suit. At any rate, I digress...
I'm sure you're right that ripping and burning would provide the better end product. And I would definately want top quality on my movie backups, which I store as ISO files on a NAS. However for a seasons worth of Dexter or The Wire - I'm more interested in not sucking up gigabytes of data on my NAS and am willing to accept the slight loss in quality. I play all the content, by the way, via a TViX 6500