However, if you e.g. wanted to record a Netflix stream from the EME applet on their website, you could argue the same moral justifications - however, now you'd be breaking a law (circumvention of protection devices) and it wouldn't be legal, no matter how stupid the law is.

You can keep repeating it over your shoulder to the judge as you are marched to prison for theft if you take it and can’t replace it.

Try that with a piece of mail that was sent to your house on accident. It’s a federal crime to open that envelope. The law doesn’t care that it was delivered to you.

Try removing the DRM from your DVD and making a copy of ‘your data’ on the disk you bought. A federal crime has been committed.

In this instance I would guess no laws are broken because no one powerful enough to make it illega has cared enough about the tiny fraction of people able to get around their tricks yet.

Your internet connection bill is not the same as the bill for the content.