Dont have up-to-date knowledge about it either, but it indeed was (is?) legal to make a backup copy of audio/movie/game/app CD/DVD for your own use.
No idea if they have changed the law now that we have DRM's that prevent a backup copy to work.
EDIT: Quick google search says that you are allowed to make an backup of your media atleast in the States and in UK.
But here's the catch with the UK's law (mind you this is from 2004, so it might not be correct anymore.)
Quote:
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This section of the law has NOT been changed by the CRRA. You are still entitled by UK law to make a backup copy of any piece of software you buy legally. Where things start to get interesting, though, is in Section 296Z of the new law. Section 296 makes it an offence to do anything at all which is designed to circumvent any piece of copyright protection technology put in place by the manufacturers or distributors of any copyrighted work.
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