Nope, it wouldn't be. It's the reselling en masse that they have a problem with.

Right, how does all this impact the I-DVR that I rent to my "friend" for $10 in BTC each month, to defray the cost of my internet bill?

It would be interesting to see a decentralized Aereo make another go at this.

It's actually illegal to sell a VCR that does not honor the do-not-copy transmitted signal. The courts and legislature generally sanction the activity, not the tool.