it's not a settled issue

The issue still hasn't been settled in court. Here is what Wikipedia currently says:

Although it is legal in the United States to make backup copies of software, the legality of ripping music for personal use without the permission of the copyright holder is controversial. Historically, copying media for personal use was established to be Fair Use under U.S. Copyright by the Supreme Court in the Sony Betamax doctrine. On the other hand, the RIAA, which represents many music copyright holders has maintained that copying rights have not been granted to end users and that Fair Use does not apply.

Here is the reference for that quote: http://en.wikipedia.org/wiki/Ripping#Problems

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