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Bjonne,
Nothing is wrong with 'ripping' a cd. It doesn't violate anything whatsoever. You can make a copy of a cd if you wish. You may not distribute it, not for free and not for money, in any way, and you technically may not publicly exhibit it.
There are no legal problems with say, ripping a cd you bought to mp3 and using it on your ppc. Or cutting down a lucasarts pc game to work with pocketscumm, or a psx cd to work with a ppc. You bought a license to use it, it is widely accepted that you may use it on another device. This is the same as copying a cd to cassette if you only have a cassette walkman or car deck.
Also, iirc, Nintendo has always cited case law against roms that pointed out that they are hardware and you aren't really legally allowed to make a 'backup' of them. You have no license to use it, you bought a psx that you use, not the IP that comprises the programming of the components. That'd cover the bios rom, arcade romsets, gb/c/gba roms, etc.... I imagine Sony's lawyers are just as good.
In addition, 'aximsite says so' should be a sufficient answer. They own the site.
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